Net Asset Value (NAV) date applicable to all mutual fund purchases will be the date on which funds are received by the fund house (or AMC).

Pursuant to a circular -SEBI/HO/IMD/DF2/CIR/P/2020/175 published by SEBI, NAV applicable to all mutual fund purchases will be dependent on the time of realization of funds.

Cut-Off for same day NAV

The cut-off time for Purchase and Switch orders is as described below-

For liquid and overnight funds, it is 1:00 pm.

For Non-Liquid fund orders, it is 2:30 pm.

The cut-off time for Redemption orders is 3 pm.

Note: NAV applicable to purchase orders is subject to time of realization of funds. NAV of the date on which funds are received by the AMC within the cut-off will be applicable to your purchase orders.