How long will it take for me to get my money after I redeem my investments?
The settlement time after redemption varies per mutual scheme and AMCs (Asset management companies), it isn’t the same for all mutual funds.
This is shown in the redemption order window under settlement time.
In the above example, ‘T3’ implies that if the funds are redeemed it will take trade day plus 3 days for the funds to be added to your trading account.
Note - On T+X day (T+3 in the above example) the funds will be credited to your trading account by 11 AM.