How to redeem or sell mutual fund investments on the Coin app?

You can redeem your mutual fund investments on the Coin app by selling partial units or your complete holdings.

Redeeming mutual funds

To redeem mutual funds on the Coin app:

1. Tap on Investments.
2. Tap on the mutual fund you want to redeem and then on the context menu button.
3. Tap on Redeem.
4. Enter the number of units you want to redeem or select Redeem all units to redeem your complete holding, and then tap on Redeem.
5. Tap on Redeem again to confirm. Non-DDPI/POA clients will have to authorise the units at CDSL to complete the redemption.

The Indian Clearing Corporation Limited (ICCL) processes your payout according to the scheme's settlement time. Depending on your bank, your primary bank account linked with Zerodha will receive the amount within 24 hours. You can also see the redemption time on the order window.