Ch.5 · NFO Process and Rules · medium
What is the cut-off time for equity scheme purchases for same-day NAV applicability?
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EXPLANATION
For equity and hybrid schemes, the cut-off time for purchase transactions is 3:00 PM. Transactions submitted before 3:00 PM with funds received by the AMC get that day's closing NAV. Transactions submitted after 3:00 PM (or funds received after cut-off) get the next business day's NAV.
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