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Procedure: How to Sell Gold Mutual Funds
May 04 , 2013
  1. Go to the nearest office of the AMC and fill out the transaction slip for redeeming units provided at the end of the mutual fund statement. In case you have misplaced all your mutual fund statements ask for one at the office by providing details such as name, address, amount invested and approximate date of investment.
  2. All you need to fill in is name, correct folio number, number of units you want to redeem and your bank account number which you submitted while buying the fund. The slip has to be signed by all account holders in case of a joint account.
  3. The applicable NAV will be the closing NAV of the previous day. If you want the closing NAV of the same day submit your request before 3 pm.
  4. In up to 7 days time you will get a cheque with the amount sent to address or the amount may be directly credited to your account. If your bank account is no longer active, you must attach a cancelled cheque of your new bank account, copy of pass book, etc.
  5. Alternately you can visit the office of CAMS, KARVY or FTAMIL and redeem units of more than one mutual fund scheme from there. Check which Registrar manages your mutual fund by asking them in an email. 

  1. If you purchased units with your demat account or from online brokers or if you have activated an online account with your mutual fund agent you can give a sell order to your broker indicating the number of units. He will sell them for you.

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