Why was the SWP redemption order rejected?
Redemption orders can be rejected for the following reasons:
- Units are not authorized or are authorized after the CDSL cutoff time on the redemption date. To learn more, see How can units be authorised for redemption on CDSL after a SWP order is triggered?
- Mutual funds are pledged.
- Rejection by the RTA due to factors such as lock-in periods or reasons specified in the Orders section on Coin app.
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The order exceeds the available unit balance.
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