Every trading day starts with a short 15-minute window before the market opens. This is called the Pre-Open Session. It also shows you whether a stock has moved up or down since yesterday’s close, and it feeds into where the Nifty and Sensex open. From September 7, 2026, the timings […]
Are there any charges for requesting a physical cheque for my redemption payout?
Yes – if you request a physical cheque instead of receiving your redemption amount directly in your bank account, a charge of ₹100 plus applicable taxes applies for issuing that cheque. This charge is specifically for physical cheque issuance and doesn’t apply if you receive your redemption payout through the […]
I have an IDCW reinvestment plan – how do I redeem those units ?
In an IDCW (Income Distribution cum Capital Withdrawal) reinvestment plan, your payouts are automatically reinvested into additional units of the same scheme rather than paid out to you in cash. Redeeming these works the same way as redeeming any other unit: go to My Investment, select the fund, and place […]
My redemption isn’t going through – what does “DDPI not submitted” mean?
DDPI (Demat Debit and Pledge Instruction) is an authorization that allows RankMF/Samco to debit units from your demat account for redemption, without you having to sign a physical delivery instruction slip each time. If your DDPI isn’t submitted, redemption of units held in demat form can get blocked. You’ll need […]
Why won’t the app let me redeem a fund I’ve pledged ?
If you’ve pledged your mutual fund units typically to use them as collateral for a loan or margin, those units are locked and can’t be redeemed until they’re unpledged first. You’ll need to submit an unpledge request and wait for it to process before you can redeem those units. Once […]
What is an SWP, and how do I set one up ?
An SWP (Systematic Withdrawal Plan) withdraws a fixed amount from your investment on a regular schedule, paid out directly to your bank account useful if you want a steady income from your investments instead of one large withdrawal. To set one up, go to My Investment, select the fund you […]
What is an STP, and how do I set one up ?
An STP (Systematic Transfer Plan) moves a fixed amount regularly, on a set schedule, from one scheme into another within the same AMC commonly used to move money gradually from a debt or liquid fund into an equity fund, instead of investing a lump sum all at once. To set […]
What is a switch, and how do I move my investment from one fund to another ?
A switch moves your investment from one scheme to another within the same AMC, as a one-time transaction for example, moving your money from a debt fund into an equity fund, or between two equity funds, as long as both are managed by the same fund house. To set one […]
Can I withdraw only part of my investment instead of the full amount ?
Yes, you can do a partial withdrawal, you don’t have to redeem your entire holding in a scheme at once. Go to My Investment, select the fund you want to redeem from, and enter the amount or number of units you want to withdraw instead of choosing the full redemption […]
How many days does it take to get my redemption amount in my bank account ?
Redemption payout timelines vary by scheme type. Liquid and overnight funds are usually the fastest, with the amount reflecting in your bank account within 1 working day. Debt funds typically take around 1-2 working days, while equity and hybrid funds usually take around 2-3 working days. International/overseas funds can take […]