How long does it take for Redemption?
After a redemption order is placed & the trade is settled, the amount will be credited to your bank account, subject to the settlement type of the scheme, which may vary from T+1 to T+10 days.
Redemption amount of a liquid scheme is credited the next day after trade is settled.
Still have questions?
How to Switch/SWP? (Mutual Fund Scheme Switch / Set up a Systematic Withdrawal Plan)
Where can I check my Mutual Fund holdings? / Where can I check my MF holdings? / Where can I check my Mutual Fund Portfolio?
How to Invest in Mutual funds through Kotak Securities?/ What is the new flow for Investing in Mutual Funds?
How to STOP/Modify your Mutual Fund/MF SIP?