Equity Mutual Funds - It takes up to 5 business days for the money to get credited to your bank account.
Debt Mutual Funds - It takes up to1-3 business days for the money to get credited to your bank account.
Liquid Mutual Funds (a type of Debt Funds) - It takes up to1-2 business days for the money to get credited to your bank account.
To check the current status of your redemption, follow these steps:
Home page → Mutual Funds (either from the center of the screen or from the bottom tab) > click on your goal > click on the fund > click on the transaction. Here we show you details such as the NAV date, the date by which you can expect the credit, etc
Note: If you have not invested in Stocks & ETFs, then you will be on the Mutual Funds page by default.
Note: Saturday and Sunday are always considered non-business days for Mutual Fund Companies.
Based on the above timelines, if you have still not received the money in your bank account please write to us at care@niyomoney.com.
To understand which day's NAV you may get, refer to this FAQ.