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How to sell my mutual funds investment on PhonePe App?

You can buy and sell mutual fund holdings using the PhonePe App anytime with just a few clicks. Here is the process to withdraw or redeem mutual fund holdings;

  1. Log in to the PhonePe app.
  2. Tap Wealth option at the bottom of the app screen.
  3. Click on My Portfolio.
  4. The page will display all your mutual fund holdings.
  5. Select the fund, you want to withdraw/redeem investment from.
  6. Tap 'Withdraw' option.
  7. Select withdraw all to sell all units or for partial withdrawal, enter the withdrawal amount
  8. Click Withdraw and Confirm.
  9. Enter the 5-digit OTP and tap to proceed.
  10. Your redemption request is successfully placed.
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