In view of the current lockdown, SEBI has decided to change transaction cut off timings with effect from 7th April 2020 to 17th April 2020(both days included).
|
| The new temporary cut off timings for submitting transactions from April 7, 2020 are as below : |
| Transaction type | Scheme | Existing cut
off time | New cut off timings |
| 1 | Subscription | Liquid and Overnight schemes | 01:30 PM | 12.30 PM |
| 2 | Subscription | All schemes other than Liquid and Overnight schemes(below 2 lacs) | 03.00 PM | 01.00 PM |
| 3 | Subscription | All schemes other than Liquid and Overnight schemes (2 lacs & above) | 03.00 PM | 01.00 PM |
| 4 | Redemption/Switch | For all schemes, including Liquid and Overnight schemes | 03.00 PM | 01.00 PM |
|
| Since this is an unexpected change, you may still receive mails or content with old cut off timings. We request you to ignore those and consider the above mentioned timings as final until further notice. |
| Please note that similar changes are required to be done by our payment gateway service provider as well. In case of any delay from their end, there may be chances of delayed NAV allotment. Transactions received after the new cut off timings will be taken for processing on the next business day. |
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