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After I have placed a sell order for a Mutual Fund, how long will it take for the funds (sale proceeds) to be credited to my bank account ?

April 26, 2017bank account credited funds mutual fund Placed proceeds sale sell

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After I have placed a sell order for a Mutual Fund, how long will it take for the funds (sale proceeds) to be credited to my bank account ?

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If the order is received before the cut-off time for the particular fund, from Monday to Friday, then the order will be processed on the same day – otherwise, the order will be processed on the next working day. Typically, after the order is processed, it will take about 3 working days for the funds to be credited to your bank account.