What is instant redemption?

The instant redemption facility is provided for investors to be able to withdraw small amounts of money immediately.
This facility is applicable to liquid mutual fund schemes.
The investor can withdraw a maximum of Rs.50,000 or 90% of invested amount (whichever is lower) within 30 minutes to their bank account.

What are the benefits of using the API?

  • Aggregation of all AMCs via a single API
  • Dev friendly API
  • Abstraction of the complexity of integrating with each AMC individually
  • Distributors have the felixibility of choosing the AMC they want to enable for their end users

Workflow