NAV applicable to purchase orders is subject to the time of realisation 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. The cut-off time for Mutual Fund orders is as follows:
Fund Type | Cut-off Time | Payment Modes | |||
Net Banking (Direct) | Net Banking (Nodal) | UPI | One Click Mandate | ||
Liquid and Overnight Funds | 12:30 PM | Same day NAV | Next day NAV | Same day NAV | Next day NAV |
Other schemes like Equity, Debt, Hybrid, etc | 2:00 PM | Same day NAV | Next day NAV | Same day NAV | Next day NAV |
Redemption | 3:00 PM | Payment Modes not applicable for Redemption | |||
Note:
- Direct Banks: Where your transfer happen within same bank between sender & receiver, At present BSE STAR MF has direct banks for HDFC Bank, Axis Bank, ICICI Bank, SBI Bank, Kotak Mahindra Bank & Yes Bank.
- Nodal Banks: Where your transfer happen inter-bank. Bank other than above are classified under Nodal Banks account.