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How to redeem IIFL mutual fund?

IIFL Securities Account Opening

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IIFL mutual funds can be redeemed online. The redemption process is easy, hassle-free, and fast.

Before putting up a redemption request, please check if your fund is eligible for redemption as some mutual funds like tax saving funds have a lock-in period. You cannot redeem such funds before the lock-in period is over.

Steps to redeem IIFL mutual funds

  1. Log in to IIFL Mutual Fund App or Trader Terminal.
  2. Go to the Portfolio section to find all your investments.
  3. Choose the fund you want to redeem and click on the 'Redeem' button.
  4. Enter the number of units you want to redeem
  5. Click on 'Redeem'

The timeframe for the redemption proceeds to get credited to your account is mentioned in the redemption window.

 

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