How to redeem SBI mutual fund through investap?

 

 

Hello friends, in this article we are describing the process of how to redeem SBI mutual fund through investap. If you are a SBI mutual fund customer and you are investing through SBI mutual fund mobile app or website. If you want to close your mutual fund then you can easily do it through SBI mutual fund app investap.

 

Suppose you are investing in SBI mutual fund for 20 years, 30 years. In between you went in need of money. Then if you want to redeem your mutual fund then you can do it through investap.

 

If you are also searching for how to close SBI mutual fund online then read the steps on the following paragraphs.

 

How to redeem SBI mutual fund through investap:

Before going to know the process of redeem SBI mutual fund using investap mobile app you should know that you can redeem those investments which are done through SBIMF website or mobile app. If you have started investment through investap mobile app then follow the following steps.

 

STEP 1: Go to SBI mutual fund mobile app investap and login to your account.

 

STEP 2: As you logged in to your account you will see your current portfolio value on the page. You will also see a link ‘View details’. Click on this link.

 

STEP 3: Now you will be redirected to the portfolio page. Scroll down the page here. As you scroll down you will see your invested schemes.

 

You will also see a three dot line against etch scheme. Tap on the three dot line.

 

Five options will be appeared on the screen. Click on the ‘Redeem’ option from the list.

 

STEP 4: You are asked to select your portfolio. Select the portfolio here.

 

STEP 5: You will be redirected to fund redeem page. You will see the available units and available amount on the scheme on this page. You need to select amount or units to be redeemed. You can select the total available amount or units or a parts of amounts.

 

Enter the amount or units to be redeem and click on ‘proceed to redeem.’ You will also see your account number linked with SBI mutual fund. You can also change the account number by clicking on the pencil sign against account number.

 

STEP 5: On the next page you will be received an OTP on your linked mobile number with SBI mutual fund. Enter the OTP and submit.

 

Within 1-2 working days money will be credited to your account.

 

If you withdraw a part of your units or amount then the left amount will be stayed invested on the same funds. This is the process how to redeem SBI mutual fund online.

 

We are also made a video on this topic. If you are interested then watch the video .