The time of fund redemption depends on specific products and purchase channels, and different products and channels will have different regulations. Generally speaking:

1. Redemption time of online direct selling fund:

Redemption time of monetary fund: T+ 1.

Redemption time of stock funds: T+3 days.

Redemption time of bond fund: T+3 days.

Redemption time of QDII fund: T+8 days.

2. The redemption time of funds in different consignment channels may be different. Generally speaking:

Monetary funds: T+2 to T+3 are received.

Equity fund: T+4 days.

Bond fund: T+4 days.

QDII fund: T+9 arrives.

Redemption, also known as repurchase, is aimed at open-end funds. Investors directly or through an agency request the fund management company to withdraw part or all of the investment from the fund and remit the repurchase money to the investor's account. People usually refer to funds mainly as securities investment funds.