When is NAV applied for mutual fund orders on FYERS

When is NAV applied for mutual fund orders on FYERS?

On FYERS, the Net Asset Value (NAV) is applied based on when your payment is credited to ICCL (Indian Clearing Corporation Limited), not just when you place the order. The NAV varies by fund type, payment method, and transaction timing.

1. NAV cut-off timings – Liquid funds

Payment methodNAV cut-off time
UPI12:30 PM
Netbanking (Direct)12:30 PM
Netbanking (Non-Direct)12:00 AM–11:59 PM
NEFT/RTGS (One-time investment only)12:30 PM

2. NAV cut-off timings – Other funds (Equity, Debt, Hybrid)

Payment methodNAV cut-off time
UPI2:00 PM
Netbanking (Direct)2:00 PM
Netbanking (Non-Direct)12:00 AM–11:59 PM
NEFT/RTGS (One-time investment only)2:00 PM

3. NAV for redemptions

  • Redemption cut-off time: 3:00 PM
  • NAV applied:
    • Orders placed before 3:00 PM → Same-day NAV (T day)
    • Orders placed after 3:00 PM → Next business day’s NAV

What if...

ScenarioExplanation
You placed an order at 2:15 PM via UPINAV for that day will not apply as it’s past the 2:00 PM cut-off.
You used Non-Direct NetbankingNAV is based on actual fund credit to ICCL, which may be delayed.
You redeemed at 3:05 PMYou’ll receive the next business day’s NAV.
Your SIP didn’t trigger this monthIt may be due to late setup or mandate issues.
Always aim to complete your fund transfer before the cut-off time for your payment method to ensure same-day NAV. Use UPI or Direct Netbanking for quicker processing.

Last updated: 16 Jun 2025

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