You can't redeem or sell mutual funds on Rupeezy web yet. Rupeezy's mutual fund platform — buying, SIPs, and redemptions — is available only on the Rupeezy mobile app as of now. To sell your mutual fund units, open the app and redeem from the fund's own screen.
Can I redeem mutual funds on Rupeezy web?
No. Rupeezy web doesn't have a mutual funds section, so there's no way to buy funds, start a SIP, or redeem your units on the website. Everything to do with mutual funds on Rupeezy — including selling — happens in the Rupeezy mobile app (Android and iOS). If you're signed in on the web and can't find your mutual funds, switch to the app on your phone.
How do I redeem my mutual funds on the app?
Open the Rupeezy app and sell from the fund's own screen:
1. Open the fund — go to the Portfolio tab, and under My Mutual Funds tap the fund you want to sell.
2. Tap Redeem/SWP — the button sits at the bottom of the fund's screen, and the screen opens on the Redeem (one-time sale) tab.
3. Enter the amount — type how much you want to take out, or turn on Redeem full amount to sell your entire holding.
4. Confirm — tap Redeem, then Continue on the Are you sure you want to Redeem? prompt. A Redeem Order Placed Successfully screen confirms it's done.
For the full walkthrough with screenshots, and how to set up a recurring SWP (Systematic Withdrawal Plan), see How to redeem or sell mutual fund investments on the Rupeezy app?.
Things to keep in mind
- Redeeming sells real units. The final amount depends on the fund's applicable NAV for the day and any exit load the fund charges, so it can differ slightly from the figure you enter.
- The money goes to your bank. Once the redemption settles, the sale proceeds are credited to the bank account registered for your mutual fund holdings — not to your Rupeezy account.