For reference, here is an illustration table showing the 'N' working days.
Type of funds and number of applicable days (tentatively)
Note: As per SEBI circular, redemption of the mutual funds amount will happen to your bank account directly now instead of the Upstox wallet. It will take up to T+N working days for the amount to be credited to your bank account after the redemption request is placed successfully. You will see a confirmation message as the sell request is confirmed.
Until further notice, you do not need to pay CDSL charges when redeeming or selling mutual funds.