6-Day-Course Theme of the week: mutual fund withdrawal We’ve | Groww Digest

6-Day-Course
Theme of the week: mutual fund withdrawal

We’ve reached the end of this week’s course that started on Monday.

Here’s a test you should take. Get pen and paper!

Question 1:
From most mutual funds, you can withdraw money:

-1 time
-Up to 5 times
-Any number of times

Question 2:
When you take out money from a mutual fund, you have to pay an exit load.

-Yes
-No
-Depends

Question 3:
You cannot take out money from a mutual fund if the SIP is still running.

-True
-False

Question 4:
If you withdraw money from a mutual fund but invest it again in another mutual fund, you are not required to pay taxes.

-True
-False

Question 5:
In case of most mutual funds, money withdrawn reaches the bank account in:

-1-2 working days
-3-4 working days
-1 week



Answers:
Q1: Any number of times
Q2: Depends
Q3: False
Q4: False
Q5: True
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-Quick takes from the week
-How Sensex, Nifty, gold, silver, Dow Jones, and Nasdaq changed over the week

And more!

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