In How many days does Liquid Funds get redeemed ?

POSTED BY Hemanth ON February 16, 2014 2:00 pm COMMENTS (5)

Hi,

Suppose I place a redeem request online for certain units for a liquid fund, in how many days money will be credited into my bank account.

Regards,

Hemanth.

5 replies on this article “In How many days does Liquid Funds get redeemed ?”

  1. Hemanth Chandra says:

    Its ok Ashal…. I got your point of T+1 days by your clear explanation. 🙂

  2. ashalanshu says:

    Dear Hemanth, I’m sorry for my typo error. It’s T+1 not T+12. I’m really very sorry for it.

    Thanks

    Ashal

  3. Hemanth Chandra says:

    Thank you Ashal and Sumit

  4. ashalanshu says:

    Dear Hemanth, it’s T+12 day. So if you file your redemption request on Monday, money should be in your account by Tuesday.

    Thanks

    Ashal

  5. Sumit says:

    It takes a day normally, but may depend on AMC.

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