If you place the redemption request before the cut-off time (2 pm) on a working day, then you will get the same day’s NAV (released at the end of the day), but if you place the request after the cut-off time or on any non-business day such as Saturday, Sunday, National holidays, etc, then you will get the next business day’s NAV.
To check the status of your redemption, you can click on the Investment Summary Card (where it shows your current amount) > Recent Transactions > Click on any transaction.