Once your purchase order has been successfully placed, it cannot be cancelled or edited. The purchased units will be allocated to your account within four working days. After the units are allocated, you may place a redemption (sell) order. The value of the sold units will be deposited into your bank account.
Please be advised that Upstox does not charge brokerage or CDSL fees for mutual fund redemption or sale. However, mutual funds may impose "Exit Load" fees. For more information on exit loads and how these charges are calculated, please click here.
If you have recently made an investment, you can redeem it once the order is completed. Additionally, if you have just redeemed, you can reinvest after the order is finalised.