How do I exit my Smartfolios investment?

Though we recommend a long-term outlook, you can redeem your investments at any time; there is no lock-in period. To sell your Smartfolios holdings, you will have to first deactivate your investment.

For Lumpsum folios:

1. Log in to Smartfolios.

2. Select My Folios > Click on the basket card you wish to deactivate from the SF Basket tab

3. Click on the “Withdraw” button and click on the “Deactivate” button at the bottom of the next pop-up.

4. Click on the “Confirm” button in the next pop-up.

5. In the next pop-up, if you wish to sell the holdings on the same day, click on the “Sell Now” button; else, click on the “Sell Later” button. Holdings that don’t have orders already for the day will be available to edit units and sell.

For SIP folios:

1. Log in to Smartfolios

2. Select My Folios > Click on the basket card you wish to deactivate from the SF Basket tab

3. Click on the “Withdraw” button and click on “Confirm” the next pop-up.

4. In the next pop-up, if you wish to sell the holdings on the same day, click on the “Sell Now” button; else, click on the “Sell Later” button. Holdings that don’t have orders already for the day will be available to edit units and sell.

For DIY folios:

1. Log in to Smartfolios

2. Select My Folios > Click on the basket card you wish to deactivate from the DIY Basket tab

3. Click on the “Deactivate” button and click on “Confirm” the next pop-up.

4. In the next pop-up, if you wish to sell the holdings on the same day, click on the “Sell Now” button; else, click on the “Sell Later” button. Holdings that don’t have orders already for the day will be available to edit units and sell.
   
   

Post deactivation, you can place a sell request through FLIP from the next trading day, or via Smartfolios on the same day, if there are no recommendations already for the day in the deactivated folio.