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Thread: How to sell MFs - bought online through CSMS

  1. #1
    PolicyWala NewBie
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    Sep 2009
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    India
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    Question How to sell MFs - bought online through CSMS

    I bought SBI MFs online through CSMS online. Now I need money so looking to sell them.
    1- Do I need to sell them offline?
    2- How can i do this?

    3- What all documents are required if I am selling these through a third party broker or agent?



  2. #2
    PW Stalwart Master's Avatar
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    Feb 2009
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    Default

    Please visit any of SBI MF office in your city. Carry your folio number, a/c statement etc. You would have to fill transaction form and submit the same on the counter and the money will be transfered in your account in 3 days.

  3. #3
    Moderator Matrix's Avatar
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    Thumbs down

    Quote Originally Posted by Master View Post
    Please visit any of SBI MF office in your city. Carry your folio number, a/c statement etc. You would have to fill transaction form and submit the same on the counter and the money will be transfered in your account in 3 days.
    If any person has purchased any mutual fund online then he has to sell online only. You cannot submit any physical application for the same. Please check CSMS.

  4. #4
    PolicyWala NewBie
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    Sep 2009
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    Thumbs up

    Thanks a lot Matrix and Master for answering my query.


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