Your money is safe. Here are some timeline-related details you need to know:
*The Fund House processes your withdrawal request. They will do this on the very next day.
*Actual settlement of the money into your Savings account depends on the type of Mutual Fund & the time at which you made this request.
*Once you've made a successful amount/units withdrawal, your money arrives within:
T+2 business days for Liquid Funds
T+3 business days for Debt Funds
T+4 business days for Equity Funds & Hybrid Funds
T+7 business days for International & Gold Funds
(Here, T would mean the day you placed the sale or purchase request)