I got this msg when i redeem my MF : REJECTED UNITS NOT RECEIVED IN DEPOSITORY

i got this msg when i redeem my MF : “REJECTED UNITS NOT RECEIVED IN DEPOSITORY”.

Looks like you’re trying to redeem funds which are under lock in. All Tax Saver funds including ELSS, have a lockin period of 3 years which means you can’t redeem/sell them within 3 years from the date of purchase.

Since they are under lockin, the units have not been received in the DP when you placed the redemption order. This is why your redemption order got rejected.

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Thank you , Yes right because of lock period .

We could not process your order due to units not received in depository

Re-Order