How to write a letter TO REDEEM your mutual fund shares?

Answer 1

To redeem your mutual fund shares, you typically need to write a letter of instruction to your mutual fund company. In the letter, include your account information, the number of shares you wish to redeem, and the method of payment you prefer (such as a check or electronic transfer). Be sure to sign and date the letter before sending it to the mutual fund company's address specified for redemption requests. It's important to follow the specific procedures outlined by your mutual fund company to ensure a smooth and timely redemption process.

Answer 2

Well, darling, to redeem your mutual fund shares, you need to write a letter to the fund company stating your intention to redeem the shares. Make sure to include your account information, the number of shares you want to redeem, and your signature. Once you've got all that down, just pop it in the mail and wait for your cash to come rolling in. Easy peasy lemon squeezy!

Answer 3

To,

The Manager

__________ (Fill in the name of the Mutual Fund house in the blanks)

From,

_____ (Fill in your Name)

______(Fill in your Address & Phone number)

_______(Fill in your folio number)

Sir,

Sub: Reg. Redemption of Mutual fund investment with folio number ______ (Fill in the folio number)

I would like to redeem my mutual fund investment with the fund ______(Fill in the fund name) with folio number _____(fill in the folio number) as on today ____(fill in the date)

Kindly process the redemption request and credit the money into my bank account whose details are below:

Bank Name: _______ (Fill bank name)

Acc Num: ________ (fill the Account number)

Branch: _______ (fill in the bank branch name)

Thank you

________ (Fill your name and sign)

Alternately, the fund house may have a mutual fund redemption form which you can fill to service the redemption request.