Whenever you place a MF redemption order, follow the steps below to successfully complete your MF authorization.
Step 1: Once you’re logged into the Upstox app, click on the Discover section > MF > Your Portfolio.
Step 2: Under ‘Your Portfolio’ click on ‘View Investments’.
Step 3: Click on ‘Redeem funds’ and fill all the required fields.
Step 4: You will now be redirected to the CDSL page to authorize the sale transaction by entering your TPIN. You can either generate a fresh TPIN or use your existing TPIN.
Note: If you’re an iOS user make sure that you need to allow pop-up window.
Step 5: Enter the TPIN.
Step 6: Verify the transaction by entering the OTP received on your registered mobile number and email ID.
Step 7: After approving the transaction on the CDSL page, click the back button on your mobile device to go back to the Upstox page. If you are using the Upstox web portal, post approving the transaction of the CDSL page you need to return to the Upstox page but do not close the CDSL tab.
Step 8: Once you are back on the Upstox MF page check the number of units you wish to redeem and click on the ‘Place Order’.
Step 9: Once you click on the Place order, you will be able to see if the redemption request is successfully placed.