Instant Mutual Fund Redemption via UPI: Curie Money and ICICI Prudential AMC Launch India’s First Real-Time Withdrawal Solution

In a major step toward simplifying digital finance, Curie Money has partnered with ICICI Prudential Asset Management Company (AMC) to introduce a revolutionary solution for Indian investors. This collaboration has made it possible to instantly redeem mutual fund investments via UPI, marking the first such innovation in India’s mutual fund industry.

With this new facility, investors can now access their invested funds almost immediately—without worrying about lock-in periods, redemption delays, or penalties. The feature enables investors to withdraw up to 90% of their liquid mutual fund balance, capped at ₹50,000 per day, and receive the amount directly through UPI (Unified Payments Interface).

A Big Leap in Digital Investment Accessibility

This partnership bridges the gap between investment and liquidity, offering investors the freedom to use their money whenever they need it—instantly and securely. The move represents a significant shift in how mutual fund investors can manage their short-term financial needs, making digital finance in India more flexible and user-friendly than ever before.

According to industry experts, the integration of mutual fund redemption with UPI is a game-changer for retail investors. Traditionally, mutual fund withdrawals take a few hours or even days to reflect in the investor’s bank account. With this solution, users can redeem a portion of their liquid fund holdings and receive the amount within seconds, just like a UPI payment.

How the Instant Redemption via UPI Works

This feature applies primarily to liquid mutual funds, a subcategory of debt funds that invest in government securities, treasury bills, and short-term debt instruments. These funds are known for their low risk and stable returns, often outperforming regular savings accounts while offering quick access to cash.

Now, with Curie Money’s instant redemption system, investors can simply choose the withdrawal amount through the app, confirm the request, and receive the funds directly into their UPI-linked bank account. The process is completely digital, safe, and seamless—no paperwork or waiting period required.

Transforming the Way India Invests and Spends

The instant redemption system is not just about faster withdrawals; it represents a shift in how Indians view mutual funds. Investments no longer need to be seen as locked assets that can’t be touched in emergencies. Instead, they can now function as flexible financial tools, offering the dual advantage of earning returns and ensuring liquidity.

Arindam Ghosh and Tushar Chaudhary, the co-founders of Curie Money, developed the platform to provide investors with a smooth and reliable financial experience. With approval from the National Payments Corporation of India (NPCI), this service is now available for both Android and iOS users, further strengthening India’s position as a global leader in digital finance innovation.

A Win-Win for Investors and the Mutual Fund Industry

This initiative benefits both investors and mutual fund companies. Investors get the convenience of instant liquidity, while asset management firms gain more trust and participation from digitally savvy customers. Experts believe that features like these will encourage more Indians—especially millennials and first-time investors—to explore mutual funds as an accessible and safe investment option.

Moreover, this innovation could inspire other asset management companies (AMCs) to adopt similar systems, ultimately making instant redemption a standard feature across the industry.

The Future of Digital Investments in India

With the rise of UPI 2.0 and fintech integrations, India’s financial ecosystem continues to evolve at a rapid pace. The Curie Money–ICICI Prudential AMC partnership is another milestone in that journey, proving how technology can make investments smarter, safer, and more convenient for everyone.

By combining the trust of regulated mutual funds with the convenience of UPI, this initiative ensures that investors enjoy the best of both worlds—security and instant access.

In summary, this innovative step not only makes mutual fund investing more dynamic but also reinforces India’s global reputation as a pioneer in digital payment systems. For millions of investors, the days of waiting for redemptions are over—your money is now truly just one UPI click away.

Disclaimer: The information mentioned above is for educational purposes only. Investors are advised to consult a certified financial advisor before making any investment or redemption decisions.