{"id":12338,"date":"2026-08-25T12:49:34","date_gmt":"2026-08-25T07:19:34","guid":{"rendered":"https:\/\/www.fatakpay.com\/blog\/?p=12338"},"modified":"2026-08-25T12:49:39","modified_gmt":"2026-08-25T07:19:39","slug":"mutual-fund-cut-off-time","status":"publish","type":"post","link":"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/","title":{"rendered":"Mutual Fund Cut Off Time: Timings,\u00a0Rules\u00a0and Which Day&#8217;s NAV You Get\u00a0"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_86 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/#Key_Takeaways\" >Key Takeaways&nbsp;<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/#What_is_the_Cut_Off_Time_in_a_Mutual_Fund\" >What is the Cut Off Time in a Mutual Fund?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/#Mutual_Fund_Cut-Off_Time_Table\" >Mutual Fund Cut-Off&nbsp;Time Table&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/#Cut_Off_Time_for_Mutual_Fund_Redemption\" >Cut Off Time for Mutual Fund Redemption&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/#Why_the_Cut-Off_Time_Exists\" >Why the Cut-Off Time Exists&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/#What_Happens_If_You_Miss_the_Cut-Off_Time\" >What Happens If You Miss the Cut-Off Time?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/#Cut-Off_Times_and_SIPs\" >Cut-Off Times and SIPs&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/#Conclusion\" >Conclusion&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/#FAQs\" >FAQs&nbsp;<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/#What_is_the_cut_off_time_for_mutual_funds\" >What is the cut off time for mutual funds?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/#What_is_the_mutual_fund_cut-off_time_for_liquid_funds\" >What is the mutual fund cut-off time for liquid funds?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/#Which_days_NAV_will_I_get_if_I_invest_after_3_pm\" >Which day&#8217;s NAV will I get if I invest after 3 pm?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/#Does_the_cut-off_time_apply_to_SIPs\" >Does the cut-off time apply to SIPs?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/#What_happens_if_funds_are_credited_after_the_cut-off_time\" >What happens if funds are credited after the cut-off time?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/#Is_there_a_cut-off_time_on_weekends_and_holidays\" >Is there a cut-off time on weekends and holidays?&nbsp;<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/#Can_You_Time_the_Market_Using_Cut-Off_Times\" >Can You Time the Market Using Cut-Off Times?&nbsp;<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span><strong>Key Takeaways<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Mutual fund cut-off time helps\u00a0determine\u00a0which NAV applies to your purchase,\u00a0redemption\u00a0or switch.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>For most equity and debt schemes, the standard cut-off is 3 p.m., while liquid and overnight fund purchases\u00a0generally have\u00a0a 1:30 p.m. cut-off.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>For purchases,\u00a0submitting\u00a0the transaction before the deadline is not enough. The money must also be received and available for\u00a0utilisation\u00a0under the applicable rules.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Missing the cut-off can mean your transaction receives the next applicable business day&#8217;s NAV, while weekends and holidays can further shift the applicable date.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li>SIPs and switches are also subject to applicable cut-off and fund-realisation\u00a0rules, so the selected SIP date does not always guarantee that\u00a0day&#8217;s\u00a0NAV.\u00a0<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Two investors can place the same mutual fund order on the same day and still receive units at different NAVs. The reason can be the\u00a0mutual fund cut-off time\u00a0and, for purchases, when the money is actually received and available for\u00a0utilisation\u00a0by the scheme.\u00a0\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you are new to&nbsp;what mutual funds are, this guide explains scheme-wise timings, the applicable NAV&nbsp;rules&nbsp;and what happens when you miss the deadline.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_Cut_Off_Time_in_a_Mutual_Fund\"><\/span><strong>What is the Cut Off Time in a Mutual Fund?<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Cut-off time in mutual fund transactions is the daily deadline that helps&nbsp;determine&nbsp;which NAV applies to a purchase,&nbsp;redemption&nbsp;or switch. For purchases, the applicable NAV also depends on when the investment amount is received and available for&nbsp;utilisation&nbsp;by the mutual fund. In simple terms, the&nbsp;<strong>cut-off time for mutual fund<\/strong>&nbsp;transactions helps&nbsp;establish&nbsp;whether the transaction qualifies for the relevant business&nbsp;day&#8217;s&nbsp;NAV or a&nbsp;subsequent&nbsp;NAV. For a quick refresher, see our guide on&nbsp;what&nbsp;<a href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/nav-in-mutual-fund\/\" target=\"_blank\" rel=\"noopener\"><strong>NAV means<\/strong><\/a>&nbsp;and how it is calculated.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Mutual_Fund_Cut-Off_Time_Table\"><\/span><strong>Mutual Fund Cut-Off&nbsp;Time Table<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The current rules differ by scheme type. For equity-oriented and debt schemes other than liquid and overnight funds, the standard purchase and redemption cut-off is 3 p.m. For liquid and overnight schemes, purchases have a 1:30 p.m. cut-off, while redemptions&nbsp;generally have&nbsp;a 3 p.m. cut-off. For online redemptions from overnight schemes, the cut-off can extend to 7 p.m.&nbsp;&nbsp;<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table class=\"has-fixed-layout\"><tbody><tr><td><strong>Scheme Type<\/strong>&nbsp;<\/td><td><strong>Transaction<\/strong>&nbsp;<\/td><td><strong>Cut-Off Time<\/strong>&nbsp;<\/td><td><strong>NAV Applicable<\/strong>&nbsp;<\/td><\/tr><tr><td>Equity schemes&nbsp;<\/td><td>Purchase&nbsp;<\/td><td>3 p.m.&nbsp;<\/td><td>Same day&#8217;s closing NAV if the application and funds meet the applicable requirements&nbsp;<\/td><\/tr><tr><td>Equity schemes&nbsp;<\/td><td>Redemption&nbsp;<\/td><td>3 p.m.&nbsp;<\/td><td>Same day&#8217;s closing NAV if&nbsp;submitted&nbsp;within the cut-off&nbsp;<\/td><\/tr><tr><td>Debt schemes, except liquid and overnight&nbsp;<\/td><td>Purchase&nbsp;<\/td><td>3 p.m.&nbsp;<\/td><td>Same day&#8217;s closing NAV if funds are available for&nbsp;utilisation&nbsp;within the applicable cut-off&nbsp;<\/td><\/tr><tr><td>Debt schemes, except liquid and overnight&nbsp;<\/td><td>Redemption&nbsp;<\/td><td>3 p.m.&nbsp;<\/td><td>Same day&#8217;s closing NAV if&nbsp;submitted&nbsp;within the cut-off&nbsp;<\/td><\/tr><tr><td>Liquid funds&nbsp;<\/td><td>Purchase&nbsp;<\/td><td>1:30 p.m.&nbsp;<\/td><td>Depends on receipt of the application and availability of funds for&nbsp;utilisation&nbsp;<\/td><\/tr><tr><td>Liquid funds&nbsp;<\/td><td>Redemption&nbsp;<\/td><td>3 p.m.&nbsp;<\/td><td>Previous&nbsp;business day&#8217;s or next business day&#8217;s closing NAV, depending on when the request is received&nbsp;<\/td><\/tr><tr><td>Overnight funds&nbsp;<\/td><td>Purchase&nbsp;<\/td><td>1:30 p.m.&nbsp;<\/td><td>Depends on application receipt and availability of funds for&nbsp;utilisation&nbsp;<\/td><\/tr><tr><td>Overnight funds&nbsp;<\/td><td>Redemption&nbsp;<\/td><td>3 p.m.&nbsp;<\/td><td>Previous&nbsp;business day&#8217;s or next business day&#8217;s closing NAV; online requests may have a 7 p.m. cut-off&nbsp;<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\">These rules are based on current SEBI provisions and should be checked against the latest scheme documents before transacting.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cut_Off_Time_for_Mutual_Fund_Redemption\"><\/span><strong>Cut Off Time for Mutual Fund Redemption<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">For redemption, the\u00a0mutual fund cut-off time\u00a0determines\u00a0which closing NAV is used to calculate the value of the units being sold. For most equity and debt schemes other than liquid and overnight funds, requests received by 3 p.m.\u00a0generally use\u00a0that day&#8217;s closing NAV. Later requests use the next business day&#8217;s NAV instead. Liquid and overnight funds follow separate rules. For the process and payout timeline, see our guide on\u00a0how\u00a0<a href=\"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-redemption\/\" target=\"_blank\" rel=\"noopener\"><strong>mutual fund redemption<\/strong><\/a>\u00a0works.\u00a0<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Why_the_Cut-Off_Time_Exists\"><\/span><strong>Why the Cut-Off Time Exists<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The\u00a0mutual fund cut-off time\u00a0creates a common framework for\u00a0determining\u00a0the NAV applicable to investors. Without a standard deadline, investors\u00a0submitting\u00a0transactions at different points during the day could face uncertainty over which day&#8217;s valuation should apply. Mutual funds calculate NAV using the value of the securities in their portfolios, so the applicable NAV can only be\u00a0determined\u00a0after the relevant valuation process.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The rule also promotes fairness by applying the same prescribed timings across investors. For purchases, the fund-realisation&nbsp;requirement is particularly important because&nbsp;submitting&nbsp;an order does not by itself mean the money has reached the scheme.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_Happens_If_You_Miss_the_Cut-Off_Time\"><\/span><strong>What Happens If You Miss the Cut-Off Time?<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Missing the\u00a0mf cut off time\u00a0does not usually cancel your transaction. Instead, the applicable NAV\u00a0generally moves\u00a0to the next relevant business day, subject to scheme-specific rules.\u00a0<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Order\u00a0submitted\u00a0after the deadline:<\/strong>\u00a0For standard schemes, a purchase or redemption received after 3 p.m.\u00a0generally gets\u00a0the next business day&#8217;s applicable NAV.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Weekend or holiday:<\/strong>\u00a0A request made when the market or scheme is not operating is processed on the next applicable business day.\u00a0The next business day&#8217;s rules then\u00a0determine\u00a0the NAV.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>SIP instalment delayed:<\/strong>\u00a0Choosing an SIP date does not guarantee that day&#8217;s NAV. If the instalment reaches the fund later than\u00a0required, the applicable NAV can shift accordingly.\u00a0<\/li>\n<\/ul>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Switches:<\/strong>\u00a0A switch\u00a0contains\u00a0both a redemption and\u00a0purchase\u00a0leg.\u00a0Each leg is treated according to the applicable rules, and the two can therefore have different NAV dates.\u00a0\u00a0<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cut-Off_Times_and_SIPs\"><\/span><strong>Cut-Off Times and SIPs<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The&nbsp;<strong>mutual fund investment cut-off time<\/strong>&nbsp;also matters for SIP instalments. The applicable NAV depends on when the money is actually received and available for&nbsp;utilisation, not simply the SIP date selected by the investor. A bank-processing delay can therefore result in an instalment receiving a later NAV than expected.&nbsp;An&nbsp;<a href=\"https:\/\/www.fatakpay.com\/calculator\/sip\" target=\"_blank\" rel=\"noopener\"><strong>SIP calculator<\/strong><\/a>&nbsp;can help with planning, but it cannot change the applicable NAV date.&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Understanding the\u00a0mutual fund cut-off time\u00a0can prevent a common investing surprise: receiving a different NAV from the one you expected. The exact rule depends on the scheme and whether you are\u00a0purchasing,\u00a0redeeming\u00a0or switching. For purchases, remember that\u00a0submitting\u00a0the request is only part of the process because the money must also be\u00a0realised\u00a0within the applicable rules. The practical approach is simple:\u00a0submit\u00a0early, make sure the money moves with the\u00a0instruction\u00a0and stop worrying about a day.\u00a0<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Financial planning starts with the right information and the right options. Explore&nbsp;<a href=\"https:\/\/www.fatakpay.com\/invest-in-mutual-funds\" target=\"_blank\" rel=\"noopener\"><strong>mutual funds<\/strong><\/a>&nbsp;to discover solutions designed around your financial goals.&nbsp;&nbsp;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"FAQs\"><\/span><strong>FAQs<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_cut_off_time_for_mutual_funds\"><\/span><strong>What is the cut off time for mutual funds?<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The standard cut-off for most equity and debt mutual fund purchases and redemptions is 3 p.m. However,&nbsp;liquid&nbsp;and overnight funds have different purchase timings, with a 1:30 p.m. cut-off. The applicable NAV also depends on fund&nbsp;realisation&nbsp;for purchases.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_the_mutual_fund_cut-off_time_for_liquid_funds\"><\/span><strong>What is the mutual fund cut-off time for liquid funds?<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">The mutual fund cut-off time for liquid fund purchases is 1:30 p.m., subject to the applicable fund-realisation&nbsp;requirement. For redemptions, the cut-off is generally 3 p.m. The NAV&nbsp;applicable to the transaction depends on when the request and funds&nbsp;meet&nbsp;the prescribed conditions.&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Which_days_NAV_will_I_get_if_I_invest_after_3_pm\"><\/span><strong>Which day&#8217;s NAV will I get if I invest after 3 pm?<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If you invest in a standard equity or debt scheme after 3 p.m., the next business&nbsp;day&#8217;s&nbsp;applicable closing NAV&nbsp;generally applies. For purchases, however, the money must also be received and available for&nbsp;utilisation&nbsp;as required under the rules.&nbsp;&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Does_the_cut-off_time_apply_to_SIPs\"><\/span><strong>Does the cut-off time apply to SIPs?<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Yes, cut-off rules apply to SIP investments too. The SIP date alone does not guarantee a particular NAV. For each instalment, the applicable NAV depends on when the investment amount is received and becomes available for&nbsp;utilisation&nbsp;under the applicable rules.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_happens_if_funds_are_credited_after_the_cut-off_time\"><\/span><strong>What happens if funds are credited after the cut-off time?<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">If the investment funds are credited after the applicable cut-off, the purchase can receive the NAV of the day on which the funds become available under the prescribed conditions, rather than the NAV initially expected. The&nbsp;realisation&nbsp;rule applies irrespective of the investment amount.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_there_a_cut-off_time_on_weekends_and_holidays\"><\/span><strong>Is there a cut-off time on weekends and holidays?<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">There is no regular transaction processing on a non-business day in the same way as a business day. A transaction&nbsp;submitted&nbsp;on a&nbsp;weekend&nbsp;or holiday is&nbsp;generally considered&nbsp;on the next applicable business day, subject to the scheme&#8217;s rules and transaction channel.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Can_You_Time_the_Market_Using_Cut-Off_Times\"><\/span><strong>Can You Time the Market Using Cut-Off Times?<\/strong>&nbsp;<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">No, cut-off timings cannot reliably be used for market timing mutual funds. They&nbsp;determine&nbsp;which applicable NAV is used for a transaction, but investors cannot know that day&#8217;s closing NAV when placing an order. Trying to exploit cut-off timings therefore does not&nbsp;provide&nbsp;a dependable way to predict or improve returns.&nbsp;<\/p>\n\n\n\n<script type=\"application\/ld+json\"> \n{ \n  \"@context\": \"https:\/\/schema.org\/\", \n  \"@type\": \"BreadcrumbList\", \n  \"itemListElement\": [{ \n    \"@type\": \"ListItem\", \n    \"position\": 1, \n    \"name\": \"Home\", \n    \"item\": \"https:\/\/www.fatakpay.com\" \n  },{ \n    \"@type\": \"ListItem\", \n    \"position\": 2, \n    \"name\": \"Blog\", \n    \"item\": \"https:\/\/www.fatakpay.com\/blog\/\" \n  },{ \n    \"@type\": \"ListItem\", \n    \"position\": 3, \n    \"name\": \"Mutual Funds\", \n    \"item\": \"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/\" \n  },{ \n    \"@type\": \"ListItem\", \n    \"position\": 4, \n    \"name\": \"Mutual Fund Cut Off Time: Timings, Rules and Which Day's NAV You Get\", \n    \"item\": \"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/\" \n  }] \n} \n<\/script>\n\n\n\n<script type=\"application\/ld+json\"> \n{ \n  \"@context\": \"https:\/\/schema.org\", \n  \"@type\": \"BlogPosting\", \n  \"mainEntityOfPage\": { \n    \"@type\": \"WebPage\", \n    \"@id\": \"https:\/\/www.fatakpay.com\/blog\/mutual-funds\/mutual-fund-cut-off-time\/\" \n  }, \n  \"headline\": \"Mutual Fund Cut-Off Time: Rules, Timings & NAV Rules\", \n  \"description\": \"Understand mutual fund cut-off time, NAV rules and transaction timings for purchases, redemptions and SIPs. Learn the key rules with FatakPay.\", \n  \"image\": \"https:\/\/www.fatakpay.com\/navbar-assest\/Logo-2.png\", \n  \"author\": { \n    \"@type\": \"Organization\", \n    \"name\": \"FatakPay\", \n    \"url\": \"https:\/\/www.fatakpay.com\" \n  }, \n  \"publisher\": { \n    \"@type\": \"Organization\", \n    \"name\": \"FatakPay\", \n    \"logo\": { \n      \"@type\": \"ImageObject\", \n      \"url\": \"https:\/\/www.fatakpay.com\/navbar-assest\/Logo-2.png\" \n    } \n  }, \n  \"datePublished\": \"2026-08-25\", \n  \"dateModified\": \"2026-08-25\" \n} \n<\/script>\n\n\n\n<script type=\"application\/ld+json\"> \n{ \n  \"@context\": \"https:\/\/schema.org\", \n  \"@type\": \"FAQPage\", \n  \"mainEntity\": [{ \n    \"@type\": \"Question\", \n    \"name\": \"What is the cut off time for mutual funds?\", \n    \"acceptedAnswer\": { \n      \"@type\": \"Answer\", \n      \"text\": \"The standard cut-off for most equity and debt mutual fund purchases and redemptions is 3 p.m. However, liquid and overnight funds have different purchase timings, with a 1:30 p.m. cut-off. The applicable NAV also depends on fund realisation for purchases.\" \n    } \n  },{ \n    \"@type\": \"Question\", \n    \"name\": \"What is the mutual fund cut-off time for liquid funds?\", \n    \"acceptedAnswer\": { \n      \"@type\": \"Answer\", \n      \"text\": \"The mutual fund cut-off time for liquid fund purchases is 1:30 p.m., subject to the applicable fund-realisation requirement. For redemptions, the cut-off is generally 3 p.m. The NAV applicable to the transaction depends on when the request and funds meet the prescribed conditions.\" \n    } \n  },{ \n    \"@type\": \"Question\", \n    \"name\": \"Which day's NAV will I get if I invest after 3 pm?\", \n    \"acceptedAnswer\": { \n      \"@type\": \"Answer\", \n      \"text\": \"If you invest in a standard equity or debt scheme after 3 p.m., the next business day's applicable closing NAV generally applies. For purchases, however, the money must also be received and available for utilisation as required under the rules.\" \n    } \n  },{ \n    \"@type\": \"Question\", \n    \"name\": \"Does the cut-off time apply to SIPs?\", \n    \"acceptedAnswer\": { \n      \"@type\": \"Answer\", \n      \"text\": \"Yes, cut-off rules apply to SIP investments too. The SIP date alone does not guarantee a particular NAV. For each instalment, the applicable NAV depends on when the investment amount is received and becomes available for utilisation under the applicable rules.\" \n    } \n  },{ \n    \"@type\": \"Question\", \n    \"name\": \"What happens if funds are credited after the cut-off time?\", \n    \"acceptedAnswer\": { \n      \"@type\": \"Answer\", \n      \"text\": \"If the investment funds are credited after the applicable cut-off, the purchase can receive the NAV of the day on which the funds become available under the prescribed conditions, rather than the NAV initially expected. The realisation rule applies irrespective of the investment amount.\" \n    } \n  },{ \n    \"@type\": \"Question\", \n    \"name\": \"Is there a cut-off time on weekends and holidays?\", \n    \"acceptedAnswer\": { \n      \"@type\": \"Answer\", \n      \"text\": \"There is no regular transaction processing on a non-business day in the same way as a business day. A transaction submitted on a weekend or holiday is generally considered on the next applicable business day, subject to the scheme's rules and transaction channel.\" \n    } \n  },{ \n    \"@type\": \"Question\", \n    \"name\": \"Can You Time the Market Using Cut-Off Times?\", \n    \"acceptedAnswer\": { \n      \"@type\": \"Answer\", \n      \"text\": \"No, cut-off timings cannot reliably be used for market timing mutual funds. They determine which applicable NAV is used for a transaction, but investors cannot know that day's closing NAV when placing an order. Trying to exploit cut-off timings therefore does not provide a dependable way to predict or improve returns.\" \n    } \n  }] \n} \n<\/script>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways&nbsp; Two investors can place the same mutual fund order on the same day and still receive units at different NAVs. The reason can be the\u00a0mutual fund cut-off time\u00a0and, for purchases, when the money is actually received and available for\u00a0utilisation\u00a0by the scheme.\u00a0\u00a0 If you are new to&nbsp;what mutual funds are, this guide explains scheme-wise<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[697],"tags":[],"class_list":["post-12338","post","type-post","status-publish","format-standard","category-mutual-funds"],"_links":{"self":[{"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/posts\/12338","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/comments?post=12338"}],"version-history":[{"count":1,"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/posts\/12338\/revisions"}],"predecessor-version":[{"id":12339,"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/posts\/12338\/revisions\/12339"}],"wp:attachment":[{"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/media?parent=12338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/categories?post=12338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fatakpay.com\/blog\/wp-json\/wp\/v2\/tags?post=12338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}