The redemption time of general funds is generally T+ 1, that is, the redemption is applied before 15:00 on the trading day, and the funds arrive after 15:00 and before 24:00 on the next trading day.
Some money fund products can be received quickly under certain conditions. For example, the single account transfer of Yu 'ebao in a single day is less than 1 0,000 yuan, and the transfer-out bank can quickly receive the account within 2 hours of service.
Other considerations:
1, QDII funds and Hong Kong-based funds take a long time to arrive, and the redemption time of QDII funds may reach 10 working days.
2. The redemption time of fund companies, Alipay and other third-party consignment platforms is faster. The redemption of bank consignment funds usually takes one more working day, such as applying for redemption before T day 15:00, and the redemption funds can only be received on T+2.
At present, the products and sales channels of each fund do not promise the specific time of arrival, but only the number of days of arrival. The redemption time of in-transit funds only includes trading days, excluding weekends and legal holidays. After the fund shares are sold on T day, the expected return of the fund is not calculated, and it is not recommended to redeem the fund after Thursday 15:00.
Details of fund return:
1, redeemed before 3 pm on weekdays, and the share is calculated according to the net value of the fund on that day, and will be received at around 9 pm the next day;
2. Redemption from Monday to Thursday on working days after 3: 00 pm, subject to the net value of the fund the next day, and arrive at the account around 9: 00 pm next Monday;
3. If it is redeemed before 3 pm on Friday, the share will be calculated according to the net value of the fund on that day and will arrive at the account around 9 pm next Monday;
4. Redemptions after 3 pm on Friday and redemptions on Saturday and Sunday are calculated according to the net value of the fund on Monday, and will not arrive until around 9 pm next Tuesday.