After receiving the customer's instructions, the fund company needs to settle the funds, so it takes some time. Different types of funds have different redemption times. Even if the same fund is sold in different banks, the redemption time will be different.

Redemption before 15: 00 on the same day shall be calculated based on the net value of the fund announced after the close of the day. Redemption after 15: 00 shall be subject to the closing price of the next day. The arrival time will be one day late.

Extended data:

Precautions:

Generally, there is a fixed limit for the initial minimum subscription amount of direct selling outlets (in RMB), and there is also a limit for the minimum additional subscription amount, and there is no difference limit. (However, investors who have subscribed for the fund shares at any sales outlets are not subject to the initial minimum subscription amount).

Generally, the minimum share of redemption has a fixed limit (in RMB), and there is no differential limit. Fund holders can redeem all or part of their fund shares, but when the balance of a fund share at a certain outlet is less than a certain share due to a certain redemption, the remaining fund shares must be redeemed together.

Baidu encyclopedia-fund redemption