For Smart Saver Fund,amount get paid in Investor's bank within 1 working day after the Transaction Date.
For eg: 1) Mr. Mohan apply redemption on Monday before 3 pm, then Monday will be the transaction day and pay out will be done on Tuesday.
2 ) Mr. Mohan apply redemption on Friday after 3 pm, then Monday will be the transaction day and pay out will be done on Tuesday.
For Tax Saver Fund,amount get paid in Investor's bank within 2 working days after the Transaction Date.
For eg: 1) Mr. Mohan apply redemption on Monday before 3 pm, then Monday will be the transaction day and pay out will be done on Wednesday.
2 ) Mr. Mohan apply redemption on Friday after 3 pm, then Monday will be the transaction day and pay out will be done on Wednesday.