What are the order placement timings and settlement timelines for mutual funds on FYERS?

What Are the Order Placement Timings and Settlement Timelines for Mutual Funds on FYERS?

When you invest in mutual funds through FYERS, the time of order placement and fund type both impact when your units are allotted, when the NAV is applied, and how long it takes for redeemed amounts to reflect in your bank account. FYERS follows BSE Star MF and AMC-standard processing rules across all transactions.

Order placement and processing timings for Mutual Fund Investments (Equity, Debt, Hybrid, ELSS, and Other Schemes)

Payment modeOrder typeCut-off timeApplicable NAV
UPISIP and Lumpsum2:00 PMT day
Netbanking (direct settlement banks)SIP and Lumpsum2:00 PMT day
Netbanking (non-direct settlement banks)SIP and Lumpsum2:00 PMT+1 day

Order placement and processing timings for Liquid & Overnight Mutual Funds

Investment AmountSettlement TypePayment ModeCut-off TimeApplicable NAV
Less than ₹2 lakhAs per exchange guidelineUPI / Net Banking (Direct and non direct Settlement Banks)Before 12:30 PMPrevious Business Day NAV (T-1)
Less than ₹2 lakhAs per exchange guidelineUPI / Net Banking (Direct and non direct Settlement Banks)After 12:30 PMSame Day NAV (T)
₹2 lakh and aboveAs per exchange guidelineUPI / Net Banking (Direct and non direct Settlement Banks)Before 12:30 PMSame Day NAV (T)
₹2 lakh and aboveAs per exchange guidelineUPI / Net Banking (Direct and non direct Settlement Banks)After 12:30 PMNext Business Day NAV (T+1)
For faster NAV allocation, place your order before the cut-off time and pay via UPI or Net Banking through a direct settlement bank. Refer to the bank list to view the eligible Direct Settlement Banks and Non-Direct Settlement Banks.

Note:

  1. The applicable NAV is based on payment clearance and cut-off times, not just the time you place the order. Check the scheme factsheet or scheme details page for the applicable cut-off time, as it can vary based on the scheme type, Asset Management Company (AMC), and payment mode.
  2. You can verify the effective Net Asset Value (NAV) and order status in the Order or Transaction section after the order is processed.

Settlement Timelines for Purchases & Redemptions

Unit Allotment (Purchases)

Fund TypeApprox. Allotment Time
Equity mutual fundsT+2 to T+3 working days
Debt mutual fundsT+1 to T+2 working days
Liquid fundsSame-day (T), if order placed before 12:30 PM cut-off
T+1 working day, if the order is placed after 12:30 PM
Overnight fundsSame-day (T), if order placed before 12:30 PM cut-off
T+1 working day, if the order is placed after 12:30 PM

T = transaction day (based on payment credit, not order time). Units are credited to your Demat account only after the AMC and RTA confirm the allotment.

Redemption Payouts

Fund TypeApprox. Credit Time
Equity fundsT+3 working days
Debt fundsT+1 to T+2 working days
Liquid fundsT+1 working day
Overnight fundsSame-day (T), if redeemed before 3:00 PM
T+1 working day, if redeemed after 3:00 PM

Redemption cut off time is 3:00 pm proceeds are credited directly to your registered bank account.

What If...

ScenarioSolution
You invest at 2:00 PMProcessed the same day with same-day NAV (if payment clears in time).
You redeem on a FridayEquity funds will be credited by Wednesday (T+3).
You place an order after 2:00 PMQueued for next business day; NAV applied accordingly.
You use SIP and one-timeBoth are included in average NAV calculations.
You switch between fund housesYou must redeem and invest afresh; switching is not supported across AMCs.
You haven’t received the redemption amountCheck Order History; bank holidays or AMC delays may apply.

Last updated: 10 Jun 2026