For Surplus investments, NAV applicability depends on the time the order is placed and realisation of funds.

  • If the purchase order is placed before 12:30 PM and funds are successfully realised, the historical NAV (previous business day’s NAV) will be applied.

  • If the order is placed after 12.30 PM, the same day (T day) NAV will be applicable.

Please note that NAV may vary on settlement holidays, as per the declared timelines.