If you are a Mutual Fund investor and investing via SIP mode then you might have come across different NAV MF units credited into your folio based on your SIP date, it is because SEBI’s Funds realization-based NAV applicability for all Mutual Fund investments and this was effective from 1st February 2021.

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Same Day NAV

So see below on how to get Same Day NAV Value for Mutual Fund Sip.

It all depends on what type of Payment Mode you are making for Lump Sum Transactions or SIP Transactions.

Same Day NAV Lump Sum Transactions

For Lump Sum Transactions to get Same Day NAV in MF’s follow the below process:

UPI/IMPS: If the Payment mode is UPI/IMPS then Day of Unit Allotment will be same day only if you make Cut off Time by 2.45 PM.

RTGS: For RTGS Payment to get same-day NAV Make Payment by 2.30 PM to get same Day of Unit Allotment.

NEFT: Make Payment by 1 PM to get same day NAV value in MF’s folio.

Net Banking: Make Payment by 2.45 PM to get same day here only major banks are technically enabled to provide real-time credit.

NACH Mandate: T+2 Days for NAV value to get credited in your account.

Cheque Mode: T+3 days.

Note: Better use UPI Payment Mode before 2.45 PM to get same day NAV in Mutual Funds.

Same Day NAV Lump Sum Transactions

For SIP Transactions Make payment as below to get same day NAV in Mutual Funds.

If SIP Payment Mode is Auto Debit then Day of Unit Allotment will be Transaction date based on cut-off time.

In simpler terms go to your Bill Pay Section in Netbanking and Make the Auto Debit Before 2.45 PM to get same day NAV.

If Internet SIP (ISIP) Mode then Day of Unit Allotment is T+1 days

For NACH (Physical / E-NACH) mode Day of Unit Allotment is T / T+1 days.

Mutual fund Current applicable cut-off time is 3:00 PM.