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 |