Calculation of fund income formula

Income = net fund value on that day * fund shares held *[ 1- redemption rate]-subscription amount

If the net value on that day is 1.5 yuan, and your fund share is 10000, you spent 10000 yuan when you bought the fund, and the redemption rate is 0.5%.

Income = 1, 5 *10000 * [1-0.5%]-10000 = 4925 yuan.