Can I redeem my SIP holdings without stopping my SIP on FundsGenie?
Yes, you can sell your SIP holdings without stopping/canceling future SIP installments. This is done through the regular Sell process:
Step 2. Select More next to the desired fund under My Investments / Investments Outside Geojit > Sell
Step 3. 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.).
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