Zerodha logo

How to redeem or sell mutual fund investments on Coin web?

To redeem mutual fund investments on the Coin web, follow these steps:

  1. Click on the fund from the Holdings section.
  2. Click on Redeem.
  3. Enter the mutual fund units to be redeemed and click on Redeem.
  4. Click on Confirm. Non-DDPI/POA clients will have to authorise the units at CDSL to complete the redemption.

Did you know?

  • As per the scheme's settlement time, once ICCL processes the payout, it will be credited to the primary bank account linked with Zerodha within 24 hours, depending on the bank. To know the redemption time, see When will the amount be credited to the bank account after redeeming a mutual fund?
  • You can cancel your orders directly for both buy and sell transactions. For redemption orders, you can cancel until 3 PM on the same day. For buy orders, you can cancel after payment, but only for a limited time before the system processes your order. If the payment is completed for the order, you will receive the refund in your bank account within 5 working days.
  • Redemption orders cannot be placed on a mutual fund's non-business day.

Still need help?

Create a ticket

Open tickets

We see that you have the following ticket(s) open:

If you have the same query, check and update the existing ticket here. In case of a new query, click on Continue.

Continue