How many days it takes to redeem mutual fund?
5 answer(s)
Answer # 1 #
The timeline depends on the type of fund: - Equity mutual funds: 3–4 working days. - Debt funds: 1–2 working days. - Liquid funds: often within 24 hours. Weekends and holidays are excluded.
Answer # 2 #
I redeemed my SIP in a liquid fund recently, and the money came in less than 24 hours. For equity funds though, it took me about 3 days to get the credit.
Answer # 3 #
Mutual fund redemption in India generally takes T+3 working days for equity funds (where T is the transaction day). For debt funds, it’s usually T+1 or T+2 days.
Answer # 4 #
Important note: If you redeem after the cut-off time (usually 3 PM), the NAV considered will be of the next business day, which can extend the settlement by one more day.