NAV allottment

Investment

If the investment is made before the cut off time, then the NAV will be allotted on the same business day. If not, it'll be allotted on the next business day. 

If you make the investment on a non business day, irrespective of the cut off, the NAV will be allotted on the next business day. 

Please note that in case of SIPs, the NAV will be allotted for the SIP date irrespective of when you make the payment. If the SIP date falls on a non business day, then the NAV will be allotted on the next business day.

NAVs are published by the MF companies by end of the day. So for example, you make the investment today before 1 PM in Equity funds, you'll get the NAV that will be published today by evening. 

So there's no way of knowing the NAV before the investment is made.

Redemption

The cut off time for redemption is the same as for investment. If the redemption request is placed before the cut off time, the NAV allotted is for the same business day, else for the next business day.


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