If I sell some of my mutual fund units, how long does it take for the sales proceeds to be credited to my bank account?

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Sales proceeds will be credited to the bank account updated in your folio/demat based on the settlement time frame set by each mutual fund. In general, most funds are settled within 1-6 days. Equity schemes are settled on the T+2nd trading day i.e., 2 trading days after the trade date (T). 

Mode of Holding	Payout Destination
Physical	Credited to the bank account updated in your folio
Demat	Credited to the bank account updated in your Demat A/c or Bank which is active in BSE