To redeem your mutual fund units on CubePlus:

1. Go to the Holdings tab.
2. Hover over the fund you want to redeem.
3. Click the three-dot menu (⋮) next to the fund name.
4. Select Redeem from the dropdown options.

In the redemption order pad:

a. Redeemable Units: Total number of units available for redemption.
b. Pledge Units: Units pledged as collateral (not redeemable).
c. Lock-In Units: Units under lock-in period (not redeemable).
d. Total Units: Total units you hold in the fund.
e. NAV: Latest Net Asset Value of the fund.
f. Approx Value/Amount: Estimated value of the units/amount selected for redemption (Note: Exit load has not been considered while computing the approx value of redemption)
g. Exit Load: Applicable fee charged on exit by the fund. Click on the tool tip to know the specific exit load applicable for your specified fund. What is exit load?

5. Select the bank account to receive the redemption amount.

6. Under the Redeem section:

a. Choose to redeem by Units or Amount.
b. Enter the number of units or the amount to redeem.
c. Or select the Redeem All checkbox to exit the entire holding.

7. Click the Redeem button to proceed.

8. If you are not DDPI/POA-enabled, you will need to complete CDSL eDIS authorization using T-PIN and OTP. Read more on how to sell Mutual Funds using TPIN.

Note: Redemption is expected to be completed within 2 working days.
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