How to en cash mutual fun bond in India?

I bought ta saver mutual fund for 3 years 6 months but maturity date is over a year and half ago. Now what is the procedure redeem the same. Will it carry interest also for the extra 1.5 years ? thanks

One Reply to “How to en cash mutual fun bond in India?”

  1. You will get an amount which will be equal to the closing NAV of that day X no of units.

    Just sign the counterfoil of your statement and fill up ALL UNITS under redemption and submit it to the Mutual Fund Office in your town OR the office of the registrar like CAMS / KARVY .

    In Mutual funds , you get market value of the portfolio of the particular fund. No interest .

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