Investors often park their money in overnight funds, liquid funds and ultra short-term funds as an alternative to their savings account, in the belief that it will be available to them at short notice. Many, however, fail to account for bank holidays during a calendar year. These holidays delay the credit of redemptions from mutual funds into investors’ bank accounts. On account of a settlement holiday today, on October 30, mutual fund orders in debt and liquid schemes placed today i.e., 30th October will be processed on Monday, 2nd November.