How to cancel mutual fund purchase order on Groww?
How to cancel mutual fund purchase order on Groww?
Once you have placed a purchase order successfully, it is not possible to cancel or edit it.
The purchased units will be allocated to you within 4 working days.
Once the units are allocated, you can place a redeem (sell) order. The value of the units sold, will get deposited into your bank account.
Please note, that while Groww does not charge any fee for selling your units, *exit load, may be applicable on your sell order, based on the fund.
*exit load is a fee charged by a mutual fund scheme if an investor exits the scheme within a certain period of time. You can find the details regarding the exit load under the “Expense ratio, exit load and tax” header in that mutual fund’s details page.
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