Below are some common Mutual fund schemes in India and their corresponding settlement cycles for buy and sell/redemption orders:
1. Equity Funds:
2. Debt Funds (Fixed Income Fund):
3. Hybrid Funds:
4. Gold Funds:
Based on the scheme type, settlement of your funds could vary. You will receive your sell proceeds by the end of the particular settlement day.
Summary of settlement cycle applicable as per the asset class:
Settlement type | |||||||
---|---|---|---|---|---|---|---|
Scheme Type | T+1 | T+2 | T+3 | T+4 | T+5 | T+6 | T+7 |
EQUITY | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | ✔️ | |
DEBT | ✔️ | ✔️ | ✔️ | ||||
HYBRID | ✔️ | ✔️ | ✔️ | ✔️ | |||
GOLD | ✔️ | ✔️ |
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