How to Redeem Money from Mutual Funds on the Groww App

Step1: Go to ‘Dashboard’

Tap on ‘dashboard’ at the bottom of the screen to see all your mutual fund investments.

Step 2: Choose Mutual Fund and Tap 3 Dots Beside it

To redeem money from a mutual fund, tap on the 3 dots beside the name of the mutual fund and tap ‘Redeem’.

Step 3: Choose the Reason for Redeeming

Very quickly, choose the reason why you are redeeming money from the mutual fund.

Step 4: Enter Amount to Redeem

Enter the amount you would like to redeem or if you wish to redeem the entire amount, tick on the box below. Then, tap on ‘Redeem’.

Step 5: Confirmation

After the last step, you will get this message confirming your redemption.