{"id":3714,"date":"2024-11-13T06:44:05","date_gmt":"2024-11-13T06:44:05","guid":{"rendered":"https:\/\/www.paytmmoney.com\/blog\/?p=3714"},"modified":"2024-12-31T09:39:17","modified_gmt":"2024-12-31T09:39:17","slug":"mutual-fund-cut-off-timings-all-you-need-to-know","status":"publish","type":"post","link":"https:\/\/www.paytmmoney.com\/blog\/mutual-fund-cut-off-timings-all-you-need-to-know\/","title":{"rendered":"Mutual Fund Cut-Off Timings: All You Need To Know"},"content":{"rendered":"

An investor can buy\/sell Mutual Fund units at any point in the day but here\u2019s why you must consider the cut-off time.<\/span><\/p>\n

What Is A Cut-Off Time?<\/b><\/h3>\n

The cut-off time determines which day’s NAV will be applicable to your Mutual Fund transaction.\u00a0<\/span><\/p>\n

For example, if you invest in liquid schemes where the cut-off time is 12:20 PM, units bought at 11 AM will get yesterday’s NAV and units bought at 1 PM will get today’s NAV.<\/p>\n

The cut-off timings vary depending on the type of schemes and on the bank the funds are being transferred from which are as follows:<\/span><\/p>\n

\"\"<\/p>\n

Important:<\/b> List of supported banks for direct and non-direct settlement can be found in the Appendix<\/span>.<\/span><\/p>\n

Points To Note:<\/b><\/h3>\n
    \n
  1. The above settlement day is applicable only for working days. In case the transaction is done on a non-working day the settlement day will be on next working day as per the above matrix<\/span><\/li>\n
  2. The exchange and the payment aggregator decide the cut-off time for mutual fund orders<\/span>.<\/span><\/li>\n
  3. For Top-Up\/Split Transaction a T+1 Day NAV will be applicable.<\/li>\n<\/ol>\n

    Bottom Line:<\/b><\/h3>\n

    As per Mutual Fund regulations by SEBI, the cut-off timings are applicable to all the Mutual Funds. Although investors can buy\/sell Mutual Fund units throughout the day, they should be aware of these cut-off timings.<\/span><\/p>\n

    Appendix<\/b><\/h3>\n

    \u00a0Direct Settlement Banks:<\/b><\/h3>\n
      \n
    1. HDFC Bank<\/span><\/li>\n
    2. ICICI Bank<\/span><\/li>\n
    3. Axis Bank<\/span><\/li>\n
    4. Kotak Bank<\/span><\/li>\n<\/ol>\n

      Non Direct Settlement Banks:<\/b><\/h3>\n
        \n
      1. Paytm Payments Bank<\/span><\/li>\n
      2. Bank of Baroda<\/span><\/li>\n
      3. Punjab National Bank<\/span><\/li>\n
      4. Bank of Maharashtra<\/span><\/li>\n
      5. IDBI Bank<\/span><\/li>\n
      6. Indian Overseas Bank<\/span><\/li>\n
      7. RBL Bank<\/span><\/li>\n
      8. Catholic Syrian Bank<\/span><\/li>\n
      9. City Union Bank<\/span><\/li>\n
      10. Dhanalaxmi Bank<\/span><\/li>\n
      11. Karnataka Bank<\/span><\/li>\n
      12. Lakshmi Vilas Bank Retail<\/span><\/li>\n
      13. South Indian Bank<\/span><\/li>\n
      14. Karur Vysya Bank Limited<\/span><\/li>\n
      15. Shamrao Vithal Bank<\/span><\/li>\n
      16. NKGSB<\/span><\/li>\n
      17. Union Bank<\/span><\/li>\n
      18. Standard Chartered Bank<\/span><\/li>\n
      19. Federal Bank<\/span><\/li>\n
      20. AU Small Finance Bank<\/span><\/li>\n
      21. Equitas Small Finance Bank<\/span><\/li>\n
      22. Canara Bank<\/span><\/li>\n
      23. State Bank of India<\/li>\n
      24. Yes Bank<\/li>\n
      25. IndusInd Bank<\/span><\/li>\n
      26. IDFC Bank<\/li>\n<\/ol>\n

         <\/p>\n

        Disclaimer:<\/strong> Investments in the securities market are subject to market risks, read all the related documents carefully before investing. This content is purely for entertainment and engagement purposes only. Paytm Money Ltd SEBI Reg No. Broking \u2013 INZ000240532, Depository Participant \u2013 IN \u2013 DP \u2013 416 \u2013 2019, Depository Participant Number: CDSL \u2013 12088800, NSE (90165), BSE (6707), Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi \u2013 110019. For more details, please visit https:\/\/www.paytmmoney.com<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

        An investor can buy\/sell Mutual Fund units at any point in the day but here\u2019s why you must consider the cut-off time. What Is A Cut-Off Time? The cut-off time determines which day’s NAV will be applicable to your Mutual Fund transaction.\u00a0 For example, if you invest in liquid schemes where the cut-off time isContinue reading “Mutual Fund Cut-Off Timings: All You Need To Know”<\/span><\/a><\/p>\n","protected":false},"author":27,"featured_media":3717,"comment_status":"open","ping_status":"open","sticky":false,"template":"single-classic-ns.php","format":"standard","meta":{"footnotes":""},"categories":[11,6],"tags":[],"class_list":["post-3714","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-home","category-personal-finance"],"_links":{"self":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/3714","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/users\/27"}],"replies":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/comments?post=3714"}],"version-history":[{"count":0,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/posts\/3714\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media\/3717"}],"wp:attachment":[{"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/media?parent=3714"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/categories?post=3714"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.paytmmoney.com\/blog\/wp-json\/wp\/v2\/tags?post=3714"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}