score:6
If you include your mutual fund statements as well as bank statements (and you should) then it will be clear what the origin of the transferred funds is and there will be no trouble.
On the other hand if you include your mutual fund statements there is no point in making the transfer. Visa officials will be as satisfied with money in a mutual fund as in a current bank account.
Don't transfer the money until you need it.
Upvote:3
I applied Schengen visa recently. I provided my mutual fund and stock statements and it was accepted as a proof of funds.
A cover letter mentioning the details and your plan to liquidate as needed should be acceptable.