How do I sell/redeem mutual fund units on FundsGenie?
To sell mutual funds through FundsGenie:
Step 1. Log in to FundsGenie and go to My Portfolio
Step 2. Select More next to the desired fund under My Investments / Investments Outside Geojit
Step 3. Click Sell
Step 4. Enter the number of Units to be sold > Select the Order Type (Physical / Demat) > Proceed
- For physical redemptions, you will receive an authentication email/SMS from BSE as per the contact details updated in the folio . Your redemption request will be processed only after it is authenticated.
- The funds will be credited to the bank account you have registered with the folio. The time period for it to reflect in your bank account depends on the mutual fund category (debt, equity, etc.).