Do you know that mutual funds have official cut-off time for investments and redemption? No, the cut-off time is not to restrict your purchases and selling. The cut-off time determines what Net Asset Value (NAV) you get to buy or sell units of your mutual fund scheme. Simply put, the allotment of NAV depends on the time you submit your application and money with the fund house. This time is called cut-off time in the mutual fund world.
There are different cut-off timings for liqu ..
