In what time a unitholder receive dividend purchase ?

The mutual fund must send the dividend warrants to unitholders within 30 days after the declaration of dividends and the redemption/repurchase proceeds within 10 days after the date of redemption/repurchase request by the unitholder.

In case of failures to despatch the redemption/repurchase proceeds within the stipulated time period, Asset Management Company is liable to pay interest as specified by SEBI from time to time (15% at present).