What if invested money in mutul funds and and want withdraw only profits on daily basis do i need to pay charges and is it taking this much time to redeem or deposit money ???
Hi @ajay_hulge, Thanks for reaching out.
Ideally there is no way to withdraw only profits on daily basis. You will need to manually withdraw money everyday. However, we do not recommend this as it might be too expensive. There might be exit load charges and taxes levied by mutual fund companies and the government based on the type of mutual funds and the duration of investment. You can read more about the charges here. Hope this helps!
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