The essence of fund conversion is simply to sell fund A and buy fund B at the same time. Funds bought in Alipay can be directly converted in Alipay. Many people want to know when the fund will start to generate income after the conversion.

Is there any profit on the second day of Alipay fund conversion?

Alipay fund will make a profit the next day, because the confirmation result will be returned before 24: 00 pm the next day after the fund is converted, that is, the conversion is successful. Once the conversion is successful, it will generate income.

For example, convert a fund into b fund. The profit rule of fund A is the same as the selling scenario. The payoff of fund B is the same as that of the buying scenario. The profit rule of fund B is the same as the buying scenario. If the fund is transferred in before 15:00, there will be no income on T day, and the income will be calculated after confirmation on T+ 1 day.

Assuming that Monday to Friday are trading days, if you apply to convert Fund A into Fund B before Monday 15:00, then Fund A will still calculate Monday's income, and Fund B's income will be calculated from Tuesday's confirmation.

Take the general fund as an example. If it is a QDII fund or a Hong Kong fund, it may take 2-3 trading days. After reading the above introduction, I believe everyone has a more comprehensive understanding of whether Alipay funds will benefit the next day.