Once you place a redemption request for your mutual fund units through FYERS, the payout is processed by the fund house (AMC) as per standard settlement timelines. The credited amount usually appears in your registered bank account within a few working days depending on the fund type.
Fund type | Approx. time to credit |
---|---|
Equity mutual funds | T+3 working days (excluding holidays and weekends) |
Debt mutual funds | T+1 or T+2 working days, depending on the scheme |
Liquid funds | Usually T+1 working day |
Overnight funds | Same-day credit (T+0), if placed before cutoff |
T = Transaction day when the redemption is processed by the AMC
Scenario | Explanation |
---|---|
You redeem on a Friday | If it's an equity fund, the amount is usually credited by Wednesday (T+3 excluding weekend). |
You redeem on a market holiday | The order is queued and processed on the next business day (T resets accordingly). |
You don’t receive funds after T+3 | It may be due to bank holidays, incorrect account details, or delay at the AMC’s end. |
You want to track status | Go to Orders > Mutual Funds > Order History to see the redemption progress and NAV applied. |
Last updated: 16 Jun 2025