What will be the applicable NAV for my withdrawal transaction?
The applicable Net Asset Value (NAV) for your withdrawal (redemption) transaction depends on the time you place the request and the type of mutual fund:
Cut-off Timings for Redemption Transactions:
- Liquid & Overnight Funds:
- Requests placed before 3:00 PM – Previous day's NAV applies.
- Requests placed after 3:00 PM – Same day's NAV applies.
- All Other Mutual Funds (Equity, Debt, Hybrid, etc.):
- Requests placed before 3:00 PM – Same day's NAV applies.
- Requests placed after 3:00 PM – Next business day's NAV applies.
Additional Points to Note:
- If you place a redemption request on a holiday or weekend, it will be processed on the next business day, and the NAV of that day will be applicable.
- NAV applicability follows SEBI’s guidelines to ensure a standardized process for mutual fund transactions.
For accurate details based on your specific fund, you can check with the AMC’s official guidelines or your investment platform.
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What will be the applicable NAV for my withdrawal transaction?
The applicable Net Asset Value (NAV) for your withdrawal (redemption) transaction depends on the time you place the request and the type of mutual fund:
Cut-off Timings for Redemption Transactions:
- Liquid & Overnight Funds:
- Requests placed before 3:00 PM – Previous day's NAV applies.
- Requests placed after 3:00 PM – Same day's NAV applies.
- All Other Mutual Funds (Equity, Debt, Hybrid, etc.):
- Requests placed before 3:00 PM – Same day's NAV applies.
- Requests placed after 3:00 PM – Next business day's NAV applies.
Additional Points to Note:
- If you place a redemption request on a holiday or weekend, it will be processed on the next business day, and the NAV of that day will be applicable.
- NAV applicability follows SEBI’s guidelines to ensure a standardized process for mutual fund transactions.
For accurate details based on your specific fund, you can check with the AMC’s official guidelines or your investment platform.
Was this article useful?
