How to redeem or sell mutual fund investments on Coin app? (2024)

To redeem mutual funds on the Coin app, follow these steps:

1. Tap on Investments.
2. Tap on the mutual fund and then on the context menu button.
3. Tap on Redeem.
4. Enter the number of units to be redeemed or select Redeem all units to redeem all units and then tap on Redeem.
5. Tap on Redeem again. 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?
• Redeem option won't be visible on non-business days.
• Redemption orders once placed cannot be cancelled.