- Redeeming part of your holdings is easy and does not require any paperwork. All we need is an email with the "Transaction Slip for Partial redemption", sent to us at clientsupport@alchemycapital.com (Direct clients) or on clientservicing@alchemycapital.com (Channel clients) from client's registered email id with Alchemy Capital.
- Requests received by Alchemy Capital by 5:30 PM will be processed on T+1 and requests received after 5:30 PM will be processsed on T+2.
- Applicable fees and charges (Fixed fees, and / or Performance fee & Exit Load (if any)) on redemption amount will be computed and charged to PMS account on redemption date. Such fees will be recovered from the cash proceeds from your PMS account.
- There is no min/max on redemption amount, however as per regulatory requirement, the portfolio value post redemption amount on the day of redemption request should be at-least 50 lakhs (or the minimum investment amount defined by the portfolio manager for a particular strategy, whichever is higher). Hence the partial redemption amount would be subjected to this criteria.
Note - For the detailed process please contact the Client Servicing team