Glide Invest FAQ: How can I withdraw from Smart Portfolios?

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. 

Very importantly, please remember to read the FAQ related to the process changes in sell orders through Glide Invest.

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