Once you submit a redemption order to the AMC and it is confirmed, you will receive a notification via email. The funds will then be credited to your bank account according to the following timeline:

  • Liquid funds: T+1 working day
  • Debt funds: T+2 working days
  • Equity funds: T+3 working days
  • International funds: T+5 or more working days

'T' represents the day the order was placed

Please note that the redemption amount will be credited to the default bank account linked to your folio. You can verify the bank account associated with your folios by requesting an AMC account statement from the AMC website.