Mutual fund units usually take 2 to 3 working days after payment to show up in your FYERS Demat account. The exact timing depends on when your funds reach ICCL, the AMC/RTA’s processing cycle, and the payment method used.
| Day | What happens |
|---|---|
| T | Payment credited to ICCL (transaction day set). |
| T+1 to T+2 | AMC/RTA processes the order and allots units. |
| T+2 to T+3 | Units become visible in your FYERS Demat account. |
In mutual funds, “T” (transaction day) is not the day you place the order—it is the day your funds are successfully credited to ICCL. Only after this does the AMC/RTA begin processing your order and allot units.
Once allotted, the units are credited to your CDSL Demat account and reflected in your FYERS account under: Portfolio → Holdings → Mutual funds
| Scenario | Outcome |
|---|---|
| You placed an order before cut-off but funds reached ICCL the next day | “T” shifts to the next working day; allotment and visibility are delayed accordingly. |
| Payment is delayed or rejected | Units will not be allotted until payment is realised. Rejected payments mean no allotment. |
| Order placed on a non-business day | Processing starts on the next working day. |
| You check immediately after investing | Wait T+2 to T+3 working days from “T” for units to appear. |
| Transaction failed | No allotment; you will receive in-app and email notifications. |
Last updated: 13 Nov 2025