18 Oct 2020, 03:53 PM

Revision in order placement cut-off timings for mutual fund orders

W.e.f. 19th October 2020, Monday, there will be a change in the cut-off time for all mutual fund order placements. Owing to the change, we are extending the cut-off time for equity-oriented mutual fund schemes to 1.30 PM. For all other debt, hybrid and other mutual fund category schemes, the cut-off will remain the same at 11:30 AM.  These changes will be in effect until further notice.

All equity-oriented scheme orders placed before 1:30 PM and orders of all the other schemes placed before 11:30 AM will be processed on the same day. Orders placed post these timings will be processed on the next working day.

Here are the cut-off timings based on the scheme type: 

Scheme Type Cut-off time
Liquid and overnight schemes 11:30 AM
Debt schemes & Conservative Hybrid schemes (other than Liquid and overnight Funds) 11:30 AM
Equity-oriented and other schemes 1:30 PM