If you buy a fund at China Merchants Bank, the fund subscription is generally confirmed on T+ 1 trading day, and can be inquired on T+2 trading day (some QDII funds need to be confirmed on T+2 and inquired on T+3). That is, two trading days after you buy the fund, you can check whether the fund share has arrived. Capital purchases before 15:00 on the trading day are regarded as transactions on the current trading day, and transactions after 15:00 are regarded as transactions on the next trading day, and weekends or holidays are not included in the next trading day. If you buy a newly issued fund, you need to wait until the fund is raised and the share will be confirmed after the fund is established.