Union Mutual Fund Redemption Process

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  • Last Updated February 27, 2024
  • There are three ways to redeem your Union Mutual Fund units:

    1. Online:

    • If you're a first-time user, create a User ID on the Union Mutual Fund Login Page using your Folio No. and PAN Card No.
    • Log in using your User ID and password or OTP.
    • Go to the "Transact Now" option and choose the fund you want to redeem.
    • Complete the process and wait for a confirmation message via email or mobile.

    2. Offline:

    • Download the Union Mutual Fund Redemption Form.
    • Fill in your details, including name, folio number, PAN number, scheme name, and the amount or number of units you want to redeem.
    • Choose "All Units" If you want to redeem the entire holding.
    • Visit your nearest Union Mutual Fund office or KFIN Tech Registrar office and submit the completed form.

    3. Through your advisor:

    • Contact your Union Mutual Fund advisor and request assistance with the redemption process.

    Additional Information:

    • You can use any redemption request form or letter, but a common transaction form works for most mutual funds.
    • Funds will be credited to your bank account within T+3 days (4 working days) for equity funds.
    • Download the SIP Cancellation Form separately if you also want to cancel your SIP.

    Please note:

    • This is a general overview, and specific procedures may vary. Always refer to the official Union Mutual Fund website or contact them directly for the latest information and any additional steps needed.

    Its sweet & short form. Union Mutual Fund Portfolio related article is useful for all Union Fund related Query.

    Rajendra Todkar is an experienced finance, investment, and insurance writer with a passion for educating readers about personal finance and helping them make informed decisions. With over 15 years of dedicated experience in the field, Rajendra Todkar has established a strong reputation for providing valuable insights and practical advice.
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