SEBI has decided to reduce the cut-off timing for both subscription and redemption in mutual fund schemes till further notice, in light of the RBI Press Release dated April 30, 2020, on the extension of timeline for amended trading hours of various RBI regulated markets.
The reduced cut-off timings for mutual fund transactions are as follows:
In case of subscription
– For Liquid and Overnight Funds – 12:30 p.m.
– For other than Liquid and Overnight Funds – 01:00 p.m.
In case of Redemption
– For Liquid and Overnight Funds – 01:00 p.m.
– For other than Liquid and Overnight Funds – 01:00 p.m.
All other provisions of various SEBI Mutual Funds Regulations with respect to the applicability of NAV in respect of subscriptions and redemptions shall remain unchanged.
Other articles you may like
Merger of Navi Overnight Fund into Navi Liquid Fund and Navi Conservative Hybrid Fund into Navi Aggr...- Intimation of suspension of subscription in Bandhan US Equity Fund of Fund
- Notice of Change in Fundamental Attributes of DSP Equity & Bond Fund and DSP Quant Fund
- Notice Cum Addendum For The Merger Of Navi Conservative Hybrid Fund Into Navi Aggressive Hybrid Fund...
- Merger of Navi Overnight Fund into Navi Liquid Fund and Navi Conservative Hybrid Fund into Navi Aggressive Hybrid Fund
- Intimation of suspension of subscription in Bandhan US Equity Fund of Fund
Winning Funds, Losing Streaks: Decoding the Mystery of Short-Term Underperformance
Wealth Conversations – November 2024- Notice of Change in Fundamental Attributes of DSP Equity & Bond Fund and DSP Quant Fund
