On Fyers Direct, the Net Asset Value (NAV) is applied based on when your payment reaches ICCL (Indian Clearing Corporation Limited), not when you place the order. This means even if you place an order early, the NAV depends on when funds are actually credited to ICCL.
1. Liquid Funds – Cut-off Timings for NAV Allocation
Payment Method | Cut-off Time |
UPI | 12:30 PM |
Netbanking (Direct Settlement) | 12:30 PM |
Netbanking (Non-Direct) | 12 AM–11:59 PM |
NEFT / RTGS (Only Lumpsum) | 12:30 PM |
Note: For Non-Direct Netbanking, though you can place orders anytime, NAV depends on when funds are credited to ICCL.
2. Other Mutual Funds (Equity, Debt, Hybrid, etc.) – Cut-off Timings
Payment Method | Cut-off Time |
UPI | 2:00 PM |
Netbanking (Direct Settlement) | 2:00 PM |
Netbanking (Non-Direct) | 12 AM–11:59 PM |
NEFT / RTGS (Only Lumpsum) | 2:00 PM |
3. Mutual Fund Redemption – Cut-off Time & NAV Application
Redemption Cut-off Time: 3:00 PM
NAV Applied:
Orders placed before 3:00 PM → Same-day NAV (T Day NAV)
Orders placed after 3:00 PM → Next business day’s NAV
Exit Load: Check the specific mutual fund scheme page on Fyers Direct for applicable exit loads.
SIP Setup – Timing for Current Month Execution
To start your Systematic Investment Plan (SIP) in the current month:
Set up the SIP at least 10 days before your chosen date.
Example: Example: Set up your SIP by 10th March to start on 20th March. If done after the 10th, it’ll start from 20th April.
Notes:
SIP mandates can be setup only using your bank accounts linked with FYERS.
Redemption proceeds will always be credited to your primary bank account.
If payment is delayed beyond the cut-off time, the next eligible business day’s NAV will apply.
Always ensure timely fund transfer to avoid NAV delays.