How can I withdraw from Smart Portfolios?
You can withdraw your investments anytime. There's no lock-in and the withdrawal process is completely online. However, based on the mutual funds category, it might take 3-7 working days for the amount to get credited to your account.
Just like Goal based portfolios on Glide Invest, you can either withdraw partially or fully from Smart Portfolios. When you withdraw partially, the schemes in the fund are sold in the same proportion as in which they are purchased. Partial sell is limited to 90% of the portfolios value, and anything above 90% will actually be considered a full sell. This is because fund houses limit the minimum balance that must be maintained in a fund, and selling more than 90% may result in an automatic sell of your entire folio value by the fund house.
What are the changes in sell orders through Glide Invest?
IMPORTANT!!! Due to change in regulatory rules, please note the change of process for your SELL order. You will now receive an additional email on your registered email address directly from our partner BSE Star requesting you to select the folio to ...
What are Smart Portfolios
Smart Portfolios are a basket of 5 to 6 mutual fund plans designed to maximise returns while keeping the overall risk low. These baskets are curated by experts. Our smart portfolios are well diversified across various asset classes like (Indian ...
What is Insta Withdrawal ? How do I avail this facility?
Mutual Fund withdrawals typically take up to 2-3 working days to credit the amount back to your bank account. Insta-redemption is a facility by which you can withdraw upto Rs. 50,000 or 90% of your invested balance (whichever is lower), within 30 ...
What is a Systematic Withdrawal Plan or SWP?
A Systematic Withdrawal Plan (SWP) is an intelligent way to withdraw money at regular intervals from large investments while you allow them to continue to grow with the market. With a SWP, you can predetermine an amount to be withdrawn monthly with ...
What is a Smart Flexi SIP?
Glide Invest's Smart Flexi SIP is a feature specially built to allow and enable you to take complete control of your goals. It gives ultimate flexibility to change the SIP amount, Pause, Stop, and Restart your SIP investments at any time, and ...