When investing in funds, the subscription and redemption of funds are routine operations. Usually, when investors don't want to continue investing in the fund, they will choose to redeem the fund. Fund redemption generally needs to be submitted on the trading day, usually T day, and T+ 1 day confirms the share. So when will the fund redeem the funds in transit? Let's get to know each other.

When will the funds in the process of fund redemption arrive?

According to the regulations, the redemption time of funds in transit is related to the fund type. Different types of funds, the redemption time of funds is different.

1 Like ordinary funds, funds in transit will arrive at T+ 1, provided that investors need to submit their redemption application before the trading day 15:00; If the redemption application is submitted after the trading day 15:00, the arrival time of funds in transit needs to be delayed by one trading day. If the redemption time of the fund falls on a holiday, the arrival time will be delayed.

2 For QDII funds, the longest arrival time can reach 10 working days; Generally, the time for the funds to reach the account on a bank commission basis is T+2 trading days; The arrival time of hybrid funds, bond funds and stock funds ranges from T+3 to T+7.

It should be noted that the redemption time of funds generally only includes trading days, excluding weekends and legal holidays.