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What is the management fee for PhilEquity PSE index fund?
Annual Management Fee 1.00% P.A. A mutual fund investment involves risk. The value of the fund may go up and down.
How do I redeem my mutual fund online?
Redemption of Units - online You simply have to log-on to the Online Transaction page of the desired Mutual Fund and log-in using your Folio Number and/or the PAN, select the Scheme and the number of units (or the amount) you wish to redeem and confirm your transaction.
How do I redeem my PhilEquity fund?
✓ Redemption Order Forms should be submitted to your distributor or agent for initial verification. If you are a PhilEquity direct client, documents may be: i. Submitted to PhilEquity Management Inc. at 15th Floor, PSE Tower, 5th Avenue corner 28th Street, Bonifacio Global City, Taguig City, 1634 or ii.
Can I redeem mutual fund anytime?
Mutual Funds which have a Lock-in Period, generally in the case of open-ended schemes, can be redeemed at any point of time. Some mutual fund schemes like ELSS (Equity Linked Savings Scheme) cannot be redeemed up to three years from the investment start date.
What is the redemption process of funds?
The redemption of fund shares from a mutual fund company must occur within seven days of receiving a request for redemption from the investor. Because mutual funds are priced only once per day, investors who wish to redeem their money must place the order before the markets close or the time set by the mutual fund.
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If you have invested money in mutual fund schemes through your demat account, then you must redeem units through the same account. After the redemption process is completed, the money will get transferred to your bank account.
What is investment application form?
Investment Form means a standardized form prescribed by the Management Company to be duly filled by the investor to purchase Units and will be stated in this Offering Document.
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