PayTM Money — Cut-off time for MF investment

PayTM Money — Cut-off time for MF investment

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Deal Subedar
76
1694
44

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

3 Comments  |  
2 Dimers
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Deal Subedar
128
1823
15

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…..

Missing
Deal Subedar
128
1823
15

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…..

Missing
Deal Subedar
76
1694
44
MSDfan wrote:

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…..

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

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