Transaction wise NAV Applicability:
Transaction Type
One time Purchase/ SIP Installment
One time Purchase/ SIP Installment
One time Purchase/ SIP Installment
One time Purchase/ SIP Installment
Transaction received before cut-off timing
Yes
Yes
No
No
Money Received by MF before cut-off timing
Yes
No
Yes
No
Applicable NAV
Same Business Day
Next business day on which money received by the fund before cut—off time
Next business day on which Time Stamping done before cut-off time
NAV of subsequent Business Day on which fund realized prior to 3.00 p.m. shall be applicable
NAV applicability for Inter scheme Switch Transactions:
Transaction Type
Switch In
Switch out
Transaction received before cut-off timing
N/A
Yes
Money Received by MF before cut-off timing
Yes
N/A
Applicable NAV
Business Day on which funds are received (in
line With redemption pay out of switch out
scheme) in Switch-in scheme before cut-off time
Same Business Day