Can mutual fund units be purchased after the cut-off time?
Posted by M Gala in Mutual Fund
To be able to get the Net Asset Value (NAV) of the same day, you must purchase the MF units inside the cut-off time of that scheme. Delay on this part will mean that you will only get the next day's NAV. Also, if the next day happens to be a holiday, the NAV of the next working day will be applicable.