How to redeem or sell mutual fund investments on Coin web?
To redeem mutual fund investments on the Coin web, follow these steps:
- Click on the fund from the Holdings section.
- Click on Redeem.
- Enter the mutual fund units to be redeemed and click on Redeem.
-
Click on
Confirm.
Non-DDPI/POA clients will have to authorise the units at CDSL to complete the redemption. To know more, see
How to use CDSL TPIN to redeem or sell the mutual funds on Coin web?
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?
- Redemption orders once placed cannot be cancelled.
- Redemption orders cannot be placed on a mutual fund's non-business day.
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