News From Press Mutual Fund Investment: You may not get MF units at desired NAV even if applied before cut off time

Mutual Fund Investment: You may not get MF units at desired NAV even if applied before cut off time

For investment purposes in equity-oriented and debt Mutual Funds, the cut off time becomes less relevant as the units will only be allotted after the realisation of funds.

Financial Express Feb 4, 2021

Depending on fluctuations in the stock market, Mutual Fund (MF) investors would rush to the respective offices of Asset Management Companies (AMCs) or the offices of their Register and Transfer Agents (RTAs) to submit applications – for redemption at high market or for purchase at a low market – before the cut off time to get the same day NAV (Net Asset Value).

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