Is POA required to redeem Mutual Fund as Zerodha Mutual Fund is in DEMAT FORMAT?

Zerodha Coin - Direct MF
1

is POA required to redeem Mutual Fund as Zerodha Mutual Fund is in DEMAT FORMAT?

2

Yes, the broker requires the POA to debit shares as well as MF units from the Demat account.

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3

Not sure if I understood this. Please elaborate further.

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