Mutual funds adopt T+2 settlement cycle for redemption payouts

Move comes two months after Sebi mandated MFs to pay investors within three days of redemption

Abhishek Kumar |Business Standard | Mumbai
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Mutual funds adopt T+2 settlement cycle for redemption payouts

2 min read Last Updated : Jan 27 2023 | 6:40 PM IST

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Starting next month, mutual funds will deposit the redemption amount from equity schemes in investors’ bank accounts within three days of the transaction. The Association of Mutual Funds in India (Amf

Topics :Mutual FundsMarket newsmutual fund sector

First Published: Jan 27 2023 | 5:22 PM IST

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