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How to complete the EDIS authorization for SWP? (Step-by-step process)

  • Log in to the Novo platform and go to the Mutual Funds
  • Navigate to Your Investments.
  • Select the fund for which you want to start an SWPand click Transact Now.
  • Select Sell and choose the SWP option.
  • Enter the withdrawal amount, frequency, and start date.
  • Confirm your bank detailsand submit the request.
  • Complete the EDIS authorization using the OTPsent to your registered mobile number.

Once the authorization is completed successfully, your SWP will be scheduled and processed as per the selected frequency