I have redeemed my Mutual Fund, when will I receive my money in bank?

The time taken for the redemption amount to be credited to your bank depends on the type of mutual fund:

• Liquid funds: T + 1 working day
• Debt funds: T + 1 working day
• Equity funds: T + 2 working days
• International funds: T + 5 or more working days

T (Transaction Day):
T is considered the same day if the redemption order is placed before the cut-off time. If the order is placed after the cut-off time, the next working day is considered as T.

Note:
In case there is a non-working day immediately after the transaction day, the applicable NAV and processing will be considered on the next applicable working day.