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How To Online Redeem or Sell Motilal Oswal Mutual Fund?



Finance Guru Speaks:  This article will guide you on how you can Online Sell or Redeem Motilal Oswal Mutual Fund units. 


 The same steps can be applied to sell any other Mutual Fund from this fund house.

Make sure you have your Mobile No. and Email ID correctly registered in the fund house.

Steps to follow to Online Redeem or Sell Motilal Oswal Mutual Fund Units:-


 1. Open Motilal Oswal Mutual Fund home page after clicking here and click on MF INVESTOR -> EXISTING INVESTOR button.

2. Provide your PAN No. and click on GENERATE OTP button.
Motilal Oswal Mutual Fund - Login
Motilal Oswal Mutual Fund - Login

3. OTP will be received on your registered Mobile No. and Email ID. Enter the OTP and click on Submit button as shown below:-
Motilal Oswal Mutual Fund - Login
Motilal Oswal Mutual Fund - Login
4. On the Home Page, click on OTHER TRANSACTION -> REDEEM, as shown below:-
Motilal Oswal Mutual Fund - Redeem
Click to enlarge - Motilal Oswal Mutual Fund - Redeem

5. On the Next page, select Folio No. and click on Proceed button as shown below:-
Motilal Oswal Mutual Fund - Redeem
Click to enlarge - Motilal Oswal Mutual Fund - Redeem

6. Check the mentioned details against the Fund which you want to sell and click on GO button:-
Motilal Oswal Mutual Fund - Redeem
Click to enlarge - Motilal Oswal Mutual Fund - Redeem
7. Enter the Amount or Units you want to sell. Generate an OTP no. & enter that OTP:-
Motilal Oswal Mutual Fund - Redeem
Click to enlarge - Motilal Oswal Mutual Fund - Redeem
Select your Bank Account where the amount will be credited. Accept terms & conditions and click on Confirm button:-
Motilal Oswal Mutual Fund - Redeem
Click to enlarge - Motilal Oswal Mutual Fund - Redeem
8. On the Next page, cross-check the details and click on Confirm button:-
Motilal Oswal Mutual Fund - Redeem
Click to enlarge - Motilal Oswal Mutual Fund - Redeem
Congratulations on successfully redeeming your mutual fund units!
Motilal Oswal Mutual Fund - Redeem
Click to enlarge - Motilal Oswal Mutual Fund - Redeem
Images Courtesy: Motilal Oswal Mutual Fund Website

7 comments:

  1. Priyanka Bisht25 February 2021 at 19:12

    In my case it's not showing beneficiary bank account. Now what should I do.. ? Please explain

    ReplyDelete
  2. Finance guru Speaks26 February 2021 at 16:03

    Hi Priyanka,

    If you are redeeming your existing fund, you should see your registered bank account as per the steps mentioned. Try logging out and relogin to the website and follow the steps.
    Thanks.

    ReplyDelete
  3. fitcher4 September 2021 at 20:53

    I m having most35 fund s 1000 units in my demat account, how can I redeem?

    ReplyDelete
    Replies
    1. Finance guru Speaks25 September 2021 at 13:47

      If you have purchased this fund via some App like Coin, then you can use that App to sell the fund.

      Delete
  4. Unknown25 September 2021 at 11:48

    Hello I don't have transact online option and also my investments are not shown here in my portfolio but in the statements that motilal oswal mf sends they are reflecting in statement.

    ReplyDelete
    Replies
    1. Finance guru Speaks25 September 2021 at 17:14

      Hi,

      I have checked again and seems like the website has some changes. I have updated the article with new steps for redeeming or selling the mutual fund units. Please check again and let me know incase of any further issues. Thanks.

      Delete
  5. Anonymous22 May 2023 at 14:53

    How many days does it take for money to reflect in bank account after selling the units?

    ReplyDelete

Thanks for your interest. Keep visiting.


Sincerely,
Finance guru Speaks