How to transfer amount from MF to Equity?

How to transfer amount from MF to Equity?

To transfer an amount from mutual funds (MF) to equity in 5Paisa, follow these steps:

1.     Redeem Mutual Funds: Log in to your 5Paisa account and go to the mutual funds section. Select the mutual funds you want to redeem and initiate the redemption process.

2.     Transfer Funds: Once the redeemed amount is credited to your linked bank account, transfer the funds to your trading account.

3.     Trade in Equity: Use the transferred funds to buy stocks in the equity market through your 5Paisa trading account.

For detailed instructions, visit the 5Paisa help section.


    • Related Articles

    • Can we transfer ETFs to another demat account like how we do for equity?

      Yes, you can transfer ETFs to another demat account like you transfer equity shares. Here’s how you can do it: Steps to Transfer ETFs: Using Delivery Instruction Slip (DIS): Obtain DIS: Get the Delivery Instruction Slip (DIS) booklet from your ...

    • What is "Quantity" based Equity SIP?

      A quantity-based Equity SIP (Stock SIP) allows you to specify the number of shares you want to buy at regular intervals (frequency). The total order value is calculated based on the current market price of the stock when the order is placed plus a ...

    • If a MF SIP is scheduled for the 5th of every month, when the amount will be debited?

      If a Mutual Fund SIP is scheduled for the 5th of every month, the amount will be debited on the 5th of each month, except if the 5th falls on a holiday. In that case, the deduction will occur on the next working day following the holiday.

    • When will I receive the dividend amount at 5paisa?

      You will receive the dividend amount according to the dividend payment schedule provided by the company. Typically, dividends are disbursed after the company's Board of Directors approves the dividend and the relevant dates, such as the record date ...

    • Can I place an equity SIP order for any stock?

      Yes, you can set up a Stock SIP for any equity stock or Exchange-Traded Fund (ETF) available in the market. Key Points Quantity-Based SIP: You specify the number of shares to buy regularly. Order Value: Calculated based on the current market price ...