answersLogoWhite

0


Best Answer

The difference between a gross and net withdrawal from a fund has to do with how much money you will receive. The gross withdrawal is the amount taken out of your fund which includes fees that you will not get to keep, the net withdrawal is the amount you receive after the bank's fees and any others are taken out.

User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the difference between a gross and net withdrawal from a fund?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the difference between a gross and net withdrawal from a retirement fund?

Gross withdrawal . . . - the amount taken out of your fund;- the amount that your fund shrinks;- the amount smaller your fund becomes;- the dollars you won't see again. Net withdrawal . . . - the amount you actually get;- the amount handed to you after the bank or fund takes their feeas a token consideration in return for the intense discomfort thatthey had to suffer while storing and handling your money.


What is the difference between person fund vs account fund?

The difference between person fund and account fund is that a person fund is transferred to the recipient in person, while the account fund is transferred to the account of the recipient.


Is the withdrawal from the provident fund is the responsibility of an employer?

No


What is difference between fund and reserve?

ok ok


What is the difference between provident fund and pension fund?

The difference between a pension fund and provident fund is in how the benefits are paid out. A provident fund pays all he retirement benefits in a lump sum cash benefit at retirement. A pension fund pays one third of the benefit as a lump sum at retirement and the rest is paid out over the lifetime of the beneficiary.


What is the Difference between the future value of annuity and sinking fund?

future value of an annuity is a reciprocal of a sinking fund


Difference between retail fund and wholesale fund?

Retail are sales direct to the consumer and wholesale is when you sell to a distributor who then resells.


What is the Difference between internal service fund and enterprise fund?

Enterprise fund is a fee for service. Internal service fund is services from one department to another on a cost reimbursement basis.


What is the difference between source of funds and sources of funds?

sources of fund means from where the capital we are getting & source of fund means how we can get the capital.


Difference between eqity fund and mutual fund?

Equity is the owners fund and mutual fund is pool money from the investor and invest in securities market. mutual fund has low risk an depends upon market condition.


What are the differences between owners fund and borrowed fund?

The difference between owner's funds and borrowed funds is just that. One is owned, and the other must be paid back.


Difference between mutual fund portfolio construction portfolio construction?

mutual fund means hand over the money to fund manager without knowing to loss your money portfolio means handover the money to fund manager with knowing to loss a money this is a different between mutual fund and portfolio