I have invested in a debt mutual fund with monthly dividend payout.
Where will I receive the payout?
When the AMC declares it you will get it. You can keep track of all dividend payouts on the AMC website or even on valueresearch.
You will get it on the ex-date, i.e. when the dividend goes into effect - that day, money will be credited to your account and the fund NAV will reduce by exactly the amount of the dividend. Declaration announcements usually happen before the ex-date. If you wish to learn more about MF dividends, I recently wrote an article on Everything you need to know about MF Dividends& Dividend Plans . It has relevant & recent info from May 2019.
Hope this helps, happy investing! 