How long will it take for my redeemed amount to reflect in my bank account

How long will it take for my redeemed amount to reflect in my bank account?

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.

Redemption timelines by fund type

Fund typeApprox. time to credit
Equity mutual fundsT+3 working days (excluding holidays and weekends)
Debt mutual fundsT+1 or T+2 working days, depending on the scheme
Liquid fundsUsually T+1 working day
Overnight fundsSame-day credit (T+0), if placed before cutoff

T = Transaction day when the redemption is processed by the AMC

What If...

ScenarioExplanation
You redeem on a FridayIf it's an equity fund, the amount is usually credited by Wednesday (T+3 excluding weekend).
You redeem on a market holidayThe order is queued and processed on the next business day (T resets accordingly).
You don’t receive funds after T+3It may be due to bank holidays, incorrect account details, or delay at the AMC’s end.
You want to track statusGo to Orders > Mutual Funds > Order History to see the redemption progress and NAV applied.
Always place redemption requests before 3:00 PM on working days to ensure same-day processing by the AMC for most fund types.

Last updated: 16 Jun 2025