Redemption credit timelineLast Updated: May 08, 2019
For redemption from equity funds, it takes upto 5 business days for the money to reach your bank account.
For Debt funds, it takes upto 3 business days.
For Liquid funds, it takes upto 1-2 business days.
The Reliance Liquid fund that we recommend under Emergency Fund goal has instant redemption facility (only for Resident Indians). Upto 90% of the invested amount or Rs. 50,000, whichever is lower, is credited to your account instantly and the remaining credit takes upto 1-2 business days.
This limit is on a PAN level. So if you are investing in this fund through any other platform, then you'll be able to claim this instant redemption upto the limit mentioned above, just once per day.