How to redeem direct mutual funds?

You can redeem your direct mutual funds online. You can redeem the full investments or a part of it as per your needs.

Following steps will help you redeem your funds-

• Login to your stock broker or AMC website
• Go to your investment section
• Click on the fund or scheme you want to redeem
• On the order page, enter number of units to redeem
• Review and confirm

It takes 2 to 3 days for the funds to get credited in your bank account.

Note: Some funds like ELSS, Tax saving schemes etc., have a lockin period before you can redeem them. Please check the redeem conditions before placing the redemption order.