Mutual Funds Redemption Time

Mutual Fund Investing
1

Hi @Dhan , @PravinJ , @Community_Mavericks ,

Currently All my SIPs are with Zerodha, where MF are stored in Demat. I am aware of SoA and Demat options available.

But wanted to move my Liquid Funds first to SoA format with dhan. Can anyone confirm if anybody has previous instances of redemption of Liquid funds in dhan? how long was the process? Were you able to do instant redemption of Liquid funds (in few hours)? I’m Looking for Quick withdrawal since This can never be done this quick with demat ones.

Thanks

2

Hi @TraderX , redemption for Liquid Funds will be processed one working day after you place your order within cut-off time. Currently, we don’t offer instant redemption for these funds. We’ve noted your feedback and will explore the possibility of introducing this feature in the future.

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