1. Redemption என்னன்னு?
Mutual Fund units-ஐ NAV price-ல sell பண்ணி cash-ஆ bank-ல பெறுவது.
Equity: T+2 days · Debt/Liquid: T+1 day · Cut-off: 3:00 PM · Full or Partial · Tax applicable
2. Good Reasons to Redeem ✅
- 🎯 Goal Achieved — Target amount reach! House, education complete.
- 🔄 Better Fund — Consistent underperformance, better option found.
- ⚖️ Rebalancing — Allocation drift > 5%. Partial redeem to rebalance.
- 🚨 Genuine Emergency — Emergency fund exhausted. Last resort.
- 📅 Life Event — Retirement, marriage — planned exit.
3. Bad Reasons — Never Exit! ❌
Panic sell (market down) · News/rumor-based exit · Early profit booking · NAV too high misconception · Short-term (1 yr) underperformance
4. Redemption Process — Step by Step
AMC Website / App Login
உன் account-ல login
Portfolio → Fund Select
Redeem பண்ண வேண்டிய fund click
Redeem → Full / Partial
Option choose பண்ணு
Units or Amount Enter
500 units அல்லது ₹50,000 enter
Bank Account Verify
Correct bank linked confirm
OTP + Submit!
T+2/T+1 days money in bank
5. Full vs Partial Redemption
| Full Redemption | Partial Redemption | |
|---|---|---|
| Units | All units sell | Selected units only ✓ |
| Remaining | Fund closes | Continues growing ✓ |
| Best Use | Goal complete only | Rebalancing, partial goals ✓ |
| Verdict | Rarely needed | Always smarter! ✓ |
6. Tax Before Redeem — Calculate First!
| Fund Type | Holding | Tax |
|---|---|---|
| Equity Fund | < 1 Year | STCG 20% |
| Equity Fund | > 1 Year | LTCG 12.5% (₹1.25L exempt) |
| Debt Fund | Any period | Slab rate (post-2023) |
Redeem-க்கு முன் tax calculate பண்ணு! Large amounts-க்கு MFD அல்லது CA-கிட்ட consult பண்ணுங்க.
7. LTCG ₹1.25L Exemption Strategy
Every financial year ₹1.25L LTCG gains-க்கு zero tax! ₹1.25L profit realize பண்ணி reinvest → cost basis increase → future tax reduce. Two years = ₹2.5L gains, zero tax!
8. SWP — Regular Income Strategy
Systematic Withdrawal Plan — Monthly fixed amount automatically redeem.
₹1 Crore corpus → ₹4,000/month SWP. Corpus continues growing. Better than FD — only gain portion taxed, principal untouched. Retirement-க்கு ideal!
Setup: AMC portal-ல SWP option → Amount + date → Bank account link → Done!
9. Emergency Redemption Priority
| Priority | Fund Type | Why |
|---|---|---|
| 1st ✓ | Liquid Fund | T+1, no exit load |
| 2nd ✓ | Short Duration Debt | T+1, low cost |
| 3rd | Balanced Hybrid | Partial only, T+2 |
| LAST ✗ | Equity / ELSS | Market timing risk, tax, exit load |
10. Market Fall-ல Redeem — NEVER!
Paper loss = temporary. Redeem பண்ணா permanent! 2020 COVID crash → 2021 recovery 100%+. Exit பண்ணவங்க complete miss. Market fall-ல correct action: Continue SIP + lumpsum add if possible!
11. Common Redemption Mistakes
- 🚫 Panic sell — Paper loss permanent ஆகும்
- 🚫 Tax calculate பண்ணாம — Surprise bill வரும்
- 🚫 Full when partial போதும் — Rest continues compounding!
- 🚫 Exit load period-ல exit — 1% load waste
12. Video Watch பண்ணுங்க!
When to exit, tax planning, SWP, smart exit strategy — Day 15 of 25. How To Module Complete!
13. FAQ
Q: Redeem request-க்கு எத்தனை நாட்கள் வரும்?
Equity funds: T+2 working days. Debt/Liquid: T+1 working day. 3 PM cut-off — அதுக்கு முன் request same day NAV கிடைக்கும்.
Q: Switch பண்றது tax-ஆ?
Yes! Switch-உம் tax event தான். ஒரு fund-ல இருந்து மற்றொரு fund-க்கு switch = redemption + purchase. LTCG/STCG applicable.