Will My Mutual Fund Redemption Fail?
I've been investing for a while but I've never redeemed any units before. I had LTCG approaching gains of nearly 1.25 lakh, so thought I'd redeem it and see. The issue is that my name is different on different documents. Once I placed the redemption order on Groww, I got an email which mentioned that transaction might fail if there is a name mismatch between the bank account holder name and name with AMC. I'll give an example of how my name appears in different documents:
Aadhar Card - Rohit P
Bank Account - Rohit P
PAN Card - Rohit Pai
Groww Account - Rohit Pai
My Aadhar and PAN are both linked. And both of those are linked to my bank account as well.
What are the chances the redemption will fail?
(Risk Profile - Aggressive)