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    Winding up of Mutual Fund

    Posted By : Juhee Goyal / Published on : 09-Aug-2022 05:30 AM / View : 69 / Comment : 1

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    Dear Members!

    If mutual fund scheme is wound up, what happens to money invested?
    Read more on : fund mutual winding

    • Dear Juhee,

      In case of winding up of a scheme, the mutual funds pay a sum based on prevailing NAV after adjustment of expenses. Unitholders are entitled to receive a report on winding up from the mutual funds which gives all necessary details.

      All investors are returned their funds based on the last available net asset value, before winding up.

       

      Hope you found it helpful.

      10-08-2022 / 04:56:28 AM
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