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 & Processing Timings on FYERS

  • Orders placed before 2:30 PM are generally processed same-day.
  • Orders placed after 2:30 PM are carried forward to the next business day.
  • Orders on weekends or market holidays are queued for the next trading session.

Note: The applicable NAV is based on payment clearance and cut-off times, not just the time you place the order.

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 fundsT+1 working day
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 proceeds are credited directly to your registered bank account.

For faster NAV allocation and quicker redemption credit, place your orders before the cut-off and use UPI or direct net banking. 

What If...

ScenarioSolution
You invest at 2:15 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 3:00 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: 03 Dec 2025