Whenever you redeem (withdraw) from your mutual fund investments, the amount usually gets credited to your bank account within the below-mentioned timeline:
Equity Mutual Funds - In up to 5 business days.
Debt Mutual Funds - In up to 3 business days.
Liquid Mutual Funds (a type of Debt Funds) - In up to 2 business days.
Note: Saturday, Sunday, and several holidays are considered non-business days for Mutual Fund Companies.
Please note, since it is a bank holiday, the redemption credit would delay for all mutual funds. We've made a table to help explain the dates by when you can expect the redemption amount to reach your bank account:
Hope this helps :)