I have tried redirect through URL Rewrite Management
With below details:
Type : Custom
Request path : /home
Target Path : /
but it is not working
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Store: Select the appropriate store.
ID Path: home
Request Path: /home
Target Path: ./ (if its not working then try ../)
Redirect: Permanent (301)
Description: From /home to /
I used same thing and its worked for me. So just tried it.