How do I withdraw or redeem from a mutual fund? | Groww (2024)

To redeem from a mutual fund:


1. Tap the 'Mutual Funds' tab at the bottom.
2. Go to your Dashboard.
3. Select the mutual fund.
4. Tap 'Redeem.'
5. Enter the amount.
6. Tap 'Confirm Withdrawal.' The amount will reflect in your bank account within 3-4 working days.

Note: ELSS funds have a 3-year lock-in period. Additionally, redemption is not possible for external funds held in DEMAT form.

How do I withdraw or redeem from a mutual fund? | Groww (2024)
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