Niyo Money does not charge anything for this. In fact, we bear the transaction charges for this ourselves.
Also since we will be rebalancing only exit-load free units, you won’t face any penalties for redeeming money from old funds. There might be some tax implications though especially for Debt Mutual Funds.
You will be able to check out these details on the rebalancing page of each goal inside.
You can read more about how mutual funds are taxed here. (blog). To understand the process of portfolio rebalancing, you can refer to this FAQ.
We also have YouTube videos available for all the common FAQs on SIP and Portfolio Rebalancing. This will hopefully make it simple to understand the entire process and help clarify any doubts that you may have.