When will my units be allocated after I invest in Mutual Funds?
As per SEBI’s new regulations, effective from 1st February 2021, your units will be allocated (subject to KYC verification) on the date your investment amount is credited to the AMC’s bank account.
For more information about unit allocation timelines, please check the table below*:
One-time investment:
Payment Mode | Bank | Cut off Time | Unit allocated on |
UPI | All | 11:00 a.m. | Day you made the investment or the next working day. This will depend on the time of investment. |
Note: If you’ve invested before the cut-off time i.e 11:00 a.m, the units will be allocated as per the NAV value of the same day. If the investment is done after the cut-off time, the units will be allocated as per the NAV value of the next working day.
SIP investment:
Payment Mode | Bank | Unit allocation day |
NACH AutoPay | All | 1 day after investment |
UPI AutoPay | All | Day of investment |