Reduced cut-off timing in MF transactions to continue

SEBI has asked RTAs and fund houses to continue the reduced cut-off timing for both subscription and redemption in mutual fund schemes.

The move was taken after RBI has extended the time line for trading hours of various RBI regulated securities.

With this, the reduced cut-off timings for MF transactions are:

Subscription

For liquid and overnight funds – 12:30 p.m.

For equity funds, hybrid funds and other debt funds - 1 pm irrespective of ticket size

Redemption

For all schemes – 1 pm

Please note that the cut off timing is applicable irrespective of ticket size.