According to the fund law, the longest redemption time is T+7 trading days, and the money fund usually arrives in 1-2 trading days after redemption; Bonds, stocks, and hybrid funds generally arrive within 3-4 trading days after redemption; Specific to the provisions of each fund shall prevail.
Extended data:
The general redemption process of open-end funds is: T day is not reported, T+ 1 has been reported, and T+2 has been completed. The fund subscription and redemption can only be said to be successful if it is confirmed by the T+2 system.
It is normal to display the uncommitted orders on the submission date (T date). Even if the order is placed around 2:50, as long as records are found in the entrusted inquiry, it will generally be submitted on the second trading day (T+ 1 day) and completed on the third trading day (T+2). And then after liquidation.
Therefore, open-end funds generally take about 4 working days. Other overseas funds are generally within 10 days.
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