Mutual Fund Redemption Times

Let us use NIFTY_50_index_fund category for this discussion.

Q1: Are the redemption times different for NIFTY50 index funds from different AMC? (for example, SBI Nifty50 index fund and ICICI Nifty50 index fund, etc redeemed from the same broker)

Q2: Are the redemption times for the same mutual fund stored in demat form or SOA form? (for example, SBI nifty50 index fund redeemed from GROWW (SOA) and Zerodha Coin (demat))

Q3: Are the redemption times different for the same mutual fund store in different SOA providers? (For example, SBI nifty50 index fund redeemed from GROW (SOA) and Kuvera (SOA))

Q3: Are the redemption times different for the same mutual fund store in different demat providers? (For example, SBI nifty50 index fund redeemed from Coin(demat) and AngelOne(demat))

Almost all brokers use BSEStar MF.

Redemption order depends on that software’s mood and cutoff timing.

Does not differ across brokers or funds. Equity and debt have different Nav timing rules.

Check cutoff timing for your broker. SEBI has given a time but some brokers reduce it since it takes time to send the order to the AMC.