The Net Asset Values (NAVs) are refreshed daily by the Asset Management Company (AMC) at 9 PM. If you initiate a redemption order on the 10th of November, you will observe the NAV value on your dashboard from the 9th of November.

If the Net Asset Value (NAV) on the 10th of November is greater than the NAV on the 9th of November, you will receive an amount more than your initial order.

If the Net Asset Value (NAV) on the 10th of November is lower than that on the 9th of November, you will receive an amount less than your original order.

Your redemption amount will be based on the most recent Net Asset Value (NAV). If you require any clarifications, please contact us.

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

The redemption processing time varies depending on the fund type.

The redemption timeline for each fund varies, and this determines when the mutual fund company will transfer the funds to you to finalize the redemption process.

1.Liquid funds -> T+1 working days 

2.Debt funds -> T+2 working days 

3.Equity funds -> T+3 working days 

Here, T represents the date when the order was approved.

Note : Please be aware that, although the majority of schemes adhere to the provided timelines, there could be exceptions for certain scheme types with distinct settlement schedules.