SIP Pause Business Rules

Transaction cut-off time updates

Change in Cut-off Time for NAV Applicability - SEBI Notification

Please note that as advised by SEBI, the cut off timings for applicability of NAV for both subscription & redemption for all schemes other than those categorised as Debt schemes and Conservative Hybrid Fund as per SEBI's categorisation and rationalisation of Mutual Fund schemes will be restored to the original cut off timings of 3:00 pm effective from 19/10/2020. Liquid and overnight schemes cut-off timings remain unchanged.

Further to the above SEBI vide notification, dated 30th April 2020, the below timings will be applicable till further notice.

# Transaction type Scheme Existing cut off time New cut off timings
1 Subscription Liquid and Overnight schemes 1.30 PM 12.30 PM
2 Subscription All schemes other than Liquid and Overnight schemes 3.00 PM 1.00 PM
3 Redemption For all schemes, including Liquid and Overnight schemes 3.00 PM 1.00 PM
4 Switches For all schemes, including Liquid and Overnight schemes 3.00 PM 1.00 PM