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How to place a redemption order?

You can place redemption order in our online investment platform, NOVO, Flattrade. Please follow the steps below:

  • Select the Fund: From among the mutual funds, select the one whose units you will be redeeming.
  • Redemption Details: Enter the number of units you want to redeem, also you may opt to redeem the amount in full
  • Confirm Transaction: Validate the redemption amount or the number of units and confirm the order so that a redemption request can be processed
  • Payment Confirmation: As soon as you redeem, the amount will be credited to the bank account registered with you (it usually takes 1-3 working days from the T-day except for global funds).