How are redemption and repurchase prices applied in mutual funds on FYERS?

How Are Redemption and Repurchase Prices Applied in Mutual Funds on FYERS?

When you redeem mutual fund units on FYERS, the price you receive depends on the fund type and any applicable exit loads. This payout value is known as either the redemption price (in open-ended schemes) or the repurchase price (in closed-ended or interval schemes).

Both terms refer to the per-unit value investors receive when selling or exiting their fund holdings. The final price is based on the Net Asset Value (NAV) but may be adjusted downward if an exit load is charged.

Understanding Redemption & Repurchase Prices

Redemption Price (Open-Ended Funds)
This is the amount you receive per unit when you sell your units in an open-ended mutual fund. It is usually equal to the scheme’s NAV if no exit load is applicable. If the fund charges an exit load, the redemption price = NAV minus the exit load.

Repurchase Price (Closed-Ended or Interval Funds)
This is the price at which the fund house buys back units during specific repurchase windows. Like redemption price, it is also based on the NAV, but exit loads or fees (if any) are deducted to arrive at the repurchase price.

Key Distinctions

CriteriaRedemption PriceRepurchase Price
Fund typeOpen-ended schemesClosed-ended or interval schemes
FrequencyCan be redeemed on any business dayLimited to repurchase windows or at maturity
BasisNAV of transaction day (T-day)NAV on repurchase date
Load adjustmentAdjusted if exit load appliesAdjusted if exit load applies
Always check the latest NAV, cut-off timing, and applicable exit load before redeeming mutual fund units on FYERS to know the exact amount you’ll receive.

What If...

ScenarioOutcome
You redeem during a no-load periodYou receive full NAV as the redemption/repurchase price.
Exit load is applicablePrice is adjusted down by the load—check scheme details for the exact percentage.
You redeem after the cut-off timeThe next business day’s NAV is applied.
You invest in a closed-ended schemeYou can only redeem at maturity or during scheduled repurchase windows.

Last updated: 15 Sep 2025

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