Thursday, December 1

Buying and selling mutual funds

Instead of purchasing mutual fund shares from other investors, investors purchase them directly from the fund or through a broker for the fund.
Investors must also pay any purchase-related costs, such as sales loads, in addition to the mutual fund’s per-share net asset value.

Shares of mutual funds are “redeemable,” which means investors can sell them to the fund at any moment.

  • Typically, the fund has seven days to provide you the money.
  • Read the prospectus carefully before investing in mutual fund shares.
  • Information on the mutual fund’s investing goals, risks, performance, and costs may be found in the prospectus.

Proceed at Online mutual fund investment portal.