How much time does it take to process the transaction?
If you begin a transaction (purchase or sell) before the cut-off time on a working day, then you receive the units in your account within 2 working days. All the transactions initiated after 3 PM will be processed on the next working day.Cut-off time for various funds:
• Equity, Hybrid and Debt Funds – 3:00 PM (Monday – Friday)
• Liquid Funds – 1:30 PM (Monday – Friday)
So let’s assume that you place an order to buy mutual funds on Friday at 4:00 PM. Then your order will be taken up for processing on Monday (assuming Monday is a working day). And you should receive units in your portfolio by Wednesday (assuming Tuesday and Wednesday are working).
Note- We update all the statuses on the same day as soon as it is released by Mutual Fund Company (AMC – Asset Management Company).
If it is your first order, it may take an additional 2-3 days for verification.Note - You can always find the cut-off time of processing the order on the funds page.