HDFC Mutual Fund - 6 Easy Steps To Sell or Redeem and Withdraw Your Money

Finance Guru Speaks: This article will provide information on how you can Online Redeem or Sell and withdraw your Money from HDFC Mutual Fund.

In this article, we are showing steps to Sell HDFC Short Term Debt Fund. You may select any other Mutual fund scheme, steps will remain the same. Make sure to update your Email and Mobile correctly against your Folio No.

If you are an existing HDFC Mutual Fund investor, then first of all, get registered to its HDFC Mutual Fund website. You can follow the options mentioned here.

Steps to follow to online Sell or Redeem in HDFC Mutual Fund:-

1.  Open HDFC Mutual Fund website and click on Login via OTP link. Provide your User ID and PAN and click SEND OTP button:-

HDFC Mutual Fund Login Page

2. OTP will be sent to your registered Email and Mobile No. Enter the OTP, click on LOGIN button:-

HDFC Mutual Fund - Sell or Redeem

3. In the Home page, click on Transact Now and then Redemption as shown below:-

HDFC Mutual Fund - Sell or Redeem

4. On the Next Screen, provide details like your Folio No., Mutual Fund to Redeem (HDFC Short Term Debt Fund as per our example), Amount to Withdraw, and Bank. 


Click on Proceed to Transact button:-

Click to enlarge - HDFC Mutual Fund - Sell or Redeem

5. On the Next Screen, accept Terms & Conditions and click on Complete Transaction button, as shown below:-

Click to enlarge - HDFC Mutual Fund - Sell or Redeem

6. On the Next Screen, Accept the Read/Agree and click on Redeem button:-

Click to enlarge - HDFC Mutual Fund - Sell or Redeem

Congratulations on your successful Online Redemption or Sell of HDFC Mutual Fund. The redemption amount will be credited to your registered Bank Account.

Click to enlarge - HDFC Mutual Fund - Sell or Redeem

Images Courtesy: HDFC Mutual Fund Website

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How To Check HDFC Mutual Fund Account Balance Using Missed Call?

Finance Guru Speaks: This article will provide you detail on how you can receive HDFC Mutual Fund Account Balance Details on your Mobile & EMail by just giving a Missed Call.

To avail this feature, you need to be an existing HDFC MF investor and your Mobile No. should be registered in your Folio Account. Additionally, please make sure to get your EMail registered too. By giving a missed call, you can receive your Account Statement over Email as well.

This is how you can receive HDFC Mutual Fund Account Balance Details over SMS and Email by giving a Missed Call:-

Through your registered mobile no., just give a missed call to 08506936767 to get your folio account balance details.

Note: Make sure to use Country Code +91 if you are dialing from Out of India (E.g. +918506936767).

Once you give a missed call, you will receive SMS as shown below:-

Click to enlarge - HDFC Mutual Fund Account Balance on SMS

SMS will provide you details about your Total Mutual Fund Account Balance, Scheme-wise Mutual Fund Names and their respective Balances.

You will also receive your Account statement at your registered email ID for the folio(s).

Congratulations on receiving your HDFC Mutual Fund folio details over SMS and Email using Missed call. 👍

Additional details provided by Fund House in its Website:-

• The facility is available only for folio(s) where you hold any units.
• The mobile number has to be registered in the folio(s).
• For receipt of account statement over Email, the Email ID has to be registered in the folio(s).

5 Easy Steps To Start Weekly STP In HDFC Mutual Fund

Finance Guru Speaks: Do you want to register Weekly STP (Systematic Transfer Plan) and transfer your units or amount every week from one Fund to another Fund in HDFC Mutual Fund AMC?

If you have a lump-sum investment in Fund X, by using STP you can systematically transfer a defined amount (Say Rs. 500 per week) in Fund Y. Remember both the funds X & Y should be from the same fund house.

Many investors are using STP to systematically transfer the amount from Debt Mutual Fund to Equity Mutual Fund or vice versa. The steps mentioned in this article can be applied to start STP between any of the two HDFC Mutual funds and you can even change the Frequency to Monthly rather than Weekly. More details are in the below steps.

If you are an existing HDFC Mutual Fund investor, then first of all, get registered to its HDFC Mutual Fund website. You can follow the options mentioned here.

Steps to Register Online STP in HDFC Mutual Fund:-

1. Open HDFC Mutual Fund website and click on Login via OTP link. Provide your User ID and PAN and click SEND OTP button:-

HDFC Mutual Fund Login Page

 2. OTP will be sent to your registered Email and Mobile No. Enter the OTP, click on LOGIN button:-

HDFC Mutual Fund - Start STP

3. In the Home page, click on Transact Now and then Systematic Transfer Plan (STP) as shown below:-

HDFC Mutual Fund - Start STP

How To Start Online SIP in HDFC Mutual Fund?

Finance Guru Speaks: Do you want to start online SIP investments in HDFC Mutual Fund? If yes, then this article is of your interest!

If you are an existing HDFC Mutual Fund investor, then, first of all, get registered to its HDFC Mutual Fund website. You can follow the options as mentioned here.

In this article, we will provide steps for Online SIP registration of HDFC Index Fund - Sensex Plan - Direct Plan using your UserID and PAN. However, you may select any other Mutual fund from this fund house, steps will remain the same.

Steps to follow to invest online SIP in HDFC Mutual Fund:-

1. Open HDFC Mutual Fund website and click on Login via OTP link. Provide your User ID and PAN and click SEND OTP button:-

HDFC Mutual Fund Login Page

2. OTP will be sent to your registered Email and Mobile No. Enter the OTP, click on LOGIN button:-

HDFC Mutual Fund - Start Online SIP

3. On the Home page, click on Transact Now and then SIP as shown below:-

HDFC Mutual Fund - Start Online SIP

How To Get HDFC Mutual Fund Account Statement Using SMS?

Finance Guru Speaks: Are you wondering how can you get your HDFC Mutual Fund  Account statement using SMS, considering the fact that you are an existing investor of this Fund house?

You need to have a valid email ID registered against your HDFC Mutual Fund Folio Account. You can register your Email ID at the time of Mutual Fund purchase or any later stage with the Fund house.

Generate HDFC MF Account Statement Using SMS

If your Email ID is not registered, then kindly visit HDFC MF branches or their Registrar CAMS office to register it.

Here is how you can generate or get your HDFC Mutual Fund Account Statement through SMS:-

1. Through any Mobile No., send SMS to 56767 in the below format :-

CAMS H SOA <Folio Number without check digit> <password> 

Suppose your HDFC Mutual Fund Folio Number is 8768976/35 and you need to set the Password to open the Account Statement as p1ssw2 , then you need to send SMS as -

CAMS H SOA 8768976 p1ssw2

The password length must be 6 characters, and must contain atleast 2 numbers and 2 alphabets. This service will return an Account Statement to your Registered Email Id.

Once the SMS is sent, it will either return an SMS confirmation that an account statement will be emailed to your valid registered Email address or in case of any error, it will report the appropriate error. 

All you need to do is to check your EMail after sometime and open the Account Statement by providing the Password (which you set as password in the SMS)

Congratulations on receiving your HDFC Mutual Fund Account Statement using SMS :-)

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Images Courtesy: HDFC Mutual Fund Website

 

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