Alipay fund selling rules are based on the first-in first-out rule, and the fund selling fee is closely related to the holding time. In general, the formula of Alipay fund redemption is: total redemption amount = redemption quantity * net value of fund shares on T day, and redemption fee = total redemption amount * redemption rate.

Generally speaking, the longer the fund is held, the lower the redemption fee. There are some differences between different types of funds, and investors can refer to the relevant fund contracts. Directly sell the currently held fund shares, and the redemption funds will be transferred to the investor Alipay or bank account in cash.

Extended data:

Alipay fund sales are introduced as follows:

Fund selling needs to bear the fund redemption fee. If you buy a new fund after redemption, you need to pay the subscription fee for the new fund. Fund subscription and redemption rates are determined by fund products.

Fund conversion can bear the redemption fee for the transferred fund, but the subscription fee for the transferred fund (new fund) only needs to make up the difference. If the subscription fee of the transferred fund is less than that of the transferred fund, for example, a stock fund is converted into a bond fund, then the subscription fee of the transferred fund is unnecessary.

Xinhuanet-Alipay can buy pension funds next Monday.

People's Daily Online-Alipay's income from selling funds is ten times that of the current period.