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How to redeem mutual funds offline or online

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Mutual fund redemption Redemption in mutual fund investments means the withdrawal of investment by the investor. Redemption is usually done when the investor needs funds, the objective of the investment is fulfilled, or when the financial plan review demands a change in allocation, or the scheme is not able to deliver desired results. Different ways to redeem mutual fund Investors can redeem in part by specifying an amount or the entire corpus by choosing the option “All units”. Investors can also choose to redeem only the gain and keep the principal invested, or only that portion of the units that qualify for LTCG to minimise the tax implication. How to redeem your mutual fund If units were purchased using a trading or demat account, redemption can be done using the same –by calling the broker or placing redemption requests using the online platform. If the investment was made directly, one can fill up a redemption form, downloaded from the MF website, and submit it to the AM...