The following is my
answer to a Quora question: “What is our payment cycle when it
comes to mutual funds?”
Your payment cycle depends on when you settle your
trades, which can be cleared within a day. Once done, the funds are available in your account
to be taken out or reused. Your payment
cycle is then set by you, according to your needs. You can choose to make it daily, if you are as
active in trading, or balance your funds annually and take a profit share then.
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