PayTM Money — Cut-off time for MF investment

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Last Comment 2020-03-07

2020-03-07

Does anyone know what times Paytm money app uses for MF investments ? I made an investment on Friday 11am and it’s still showing as “in process” which means now Monday’s NAV will apply!! Usually cut off time is 1pm but looks like they r using a much earlier cut off time. Investment was 5 lacs

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https://www.desidime.com/discussions/paytm-money-cut-off-time-for-mf-investment?page=1#post_6545624

MSDfan

2020-03-07

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Cut off time for all the mutual funds is 3pm bro. NAV of the same day will be applicable provided amount should be credited in the account of AMC. It should be same for all…..

https://www.desidime.com/discussions/paytm-money-cut-off-time-for-mf-investment?page=1#post_6545625

MSDfan

2020-03-07

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Cut off time for all the mutual funds is 3pm bro. I always wait till 2:45pm if I have to make any lumpsum investment. NAV of the same day will be applicable provided amount should be credited in the account of AMC. It should be same for all…..

https://www.desidime.com/discussions/paytm-money-cut-off-time-for-mf-investment?page=1#post_6545645

maxdealer

2020-03-07

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Yes I asked because I made an investment Friday 11am and Paytm money is showing still processing — so I thought now they’ll use Monday’s NAV

Also, I think the cut off time depends on type of fund also (like liquid funds it’s different) and on amount of investment (above 5 Lacs has different cut off time evidently ).. hence asked