Redemption is confirmed by the AMC on the next business day of Order Date and proceeds get credited directly in your
bank account as per the following timelines:Redemption Timeline:
Scheme Type | Business Days |
Liquid Funds | 1 business day |
Debt Funds | 2 business days |
Equity Funds | 2 business days |
International Funds | 5 business days or more |
Please note that some funds may have longer settlement cycles but in most cases credit should be processed into your bank account as per the table above.