Only Mutual Funds that are bought (purchased) through the Investment Services Account can be redeemed through this service. On NetBanking: To redeem Mutual Fund you have to login to the website with your Customer ID and IPIN and go to the Mutual Funds Tab. Click on the redemption link and then select the Investment Services Account No. from the drop down and the Mutual Fund that you want to redeem. Select the Scheme name and the Amount or number of units you want to redeem in the next screen keeping in mind the minimum transaction amount. You can choose to redeem all or part of your units by specifying the number of units and amount. The transaction will be processed and the redemption proceeds will be directly credited into your bank account. View more
Only Mutual Funds that are bought (purchased) through the Investment Services Account can be redeemed through this service. On NetBanking: To redeem Mutual Fund you have to login to the website with your Customer ID and IPIN and go to the Mutual Funds Tab. Click on the redemption link and then select the Investment Services Account No. from the drop down and the Mutual Fund that you want to redeem. Select the Scheme name and the Amount or number of units you want to redeem in the next screen keeping in mind the minimum transaction amount. You can choose to redeem all or part of your units by specifying the number of units and amount. The transaction will be processed and the redemption proceeds will be directly credited into your bank account. View more