How to invest directly in mutual funds

Q&A: Questions & Answers
24

Hi,

I had a doubt regarding redeeming my MF units. Let’s say I have been doing monthly SIPs for the past 5 years and as of today I want to redeem a part of my Units. Is it possible to select and sell only the oldest units that I have held for approx. 4 years?

(Asking here cause I didn’t find answers anywhere on the net)

25

It will be First In, First Out by default as long as Folio is same.

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26

By default old units only will be considered as sold.