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How To Redeem Mutual Fund Investment

How To Redeem Mutual Fund Investment. An investor can redeem his/her mutual fund units directly through the amc, through an agent, though online portals, agencies such as cams or karvy or through his/her trading or demat account. Select the account from which you would like to redeem mutual funds and follow the onscreen instructions.

How to Redeem Money from Mutual Funds on the Groww App Groww
How to Redeem Money from Mutual Funds on the Groww App Groww from groww.in

Go to the mutual fund and select your fund; Experienced investors and regular readers of freefincal would immediately know that the answer to this is: Redeem mutual fund through online mutual fund investment portal.

The Mutual Fund Redemption Process.


The proceeds of your redemption will be transferred to your nominated bank account within two (2) working days. Redemption process is pretty simple and easy depending upon the type of mutual fund you hold. The amount will be credited back to your account/ ledger after you submit the redemption request to the fund house.

Open The App/Online Portal Of The Amc/Investing Platform.


Simply open the app/ or an online portal of the amc/ investing platform; Redeem mutual fund through online mutual fund investment portal. 50,000 in an elss scheme on 10th january 2018.

Select The Fund, Indicate The Number Of Units To Redeem And Click The Redemption Option To Submit The Redemption Request Online.


You should check the nav of your. Please note that the daily limit for online redemption is n2,500,000.00. Experienced investors and regular readers of freefincal would immediately know that the answer to this is:

Select The Account From Which You Would Like To Redeem Mutual Funds And Follow The Onscreen Instructions.


For this, the investor needs to submit copies of permanent account number (pan) card, proof of residence, age proof, etc. For example, suppose you had made a lump sum investment of rs. But keep in mind that when the broader market is down, no fund can escape a decline.

Mutual Fund Redemption Is A Process In Which You As An Investor Sell Your Shares Back To The Fund.


Once the request is verified, the redemption would be processed and the money would be credited to your linked bank account. With the investment services account, you can easily carry out transactions and have complete control over your mutual funds via netbanking, It is a simple and easy process for buying and selling.

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