How to redeem Direct MF holding present in Zerodha Demat?

[Bhuvan]

@praveen_kumar_abram

But i read in qna that redemption charges for MF in demat form is Rs .5.5/- per transaction(CDSL Charges).
Please let me know claerly about the redemption charge

Rs.5.5 is a DP charge and not a redemption charge.

What are DP charges and why are they charged?

DP charges are the depository participant`s charges for the services provided by them, and it would differ from DP to DP. With Zerodha the charges are below: IL&FS Charges - Rs.8/- NSDL Charges - Rs.4.50/- Total DP Charges are Rs.14/-(12.50+service tax) When you sell the stock from your Holdings it need to be debit from your Demat account. So when ever the stock debited from your demat account there would be DP Charges of Rs.14/-.