What is NAV? What NAV will I get if I invest today?

What is NAV? What NAV will I get if I invest today?

Every mutual fund scheme option has a NAV, which indicates the price of a single unit and mutual funds are allotted in units. When you invest 10,000 and NAV per unit is 10, you will get 1,000 units. This is for ease of buying and selling and understanding growth, so if NAV per unit changes to 11, then 1,000 units are now worth 11,000.

All redemption orders placed on the business days prior to 3 PM will get the same day’s NAV and any redemption order placed after or at 3 PM will get the next business day’s NAV. 

Any investments or redemption made on Non Business Days will be processed on the next business day at 9:30 AM in the morning

Please Note: 

  1. The NAV reflecting on the screen is the closing value of the previous business day while the actual amount at redemption may vary based on the actual NAV
  2. Purchase Cut-off for Liquid and Overnight Funds will be taken T-1 days NAV if placed before 1.30 PM
  3. Purchase Cut-off for Liquid and Overnight Funds will be taken same-day NAV if placed after 1.30 PM
  4. Purchase Cut-off for all other schemes will be taken same-day NAV if placed before 2.30 PM
  5. Settlement TAT for redemption:
    - Liquid funds - T+1
    - Debt funds - T+2
    - Equity Funds - T+2

    • Related Articles

    • Important : Critical changes in our Trading System today

      Dear Customers,   Today around 3:30 - 4 am, both our data centers hosted on Netmagic went down due to which all our trading and back office systems were not functional. There were issues on data centre end. We have made all our system live but there ...

    • Explanation of Today’s (20/12/2022) Technical Issue

      Dear Customers, Quite a few of our customers faced issues in trading in the early market hours. Let me explain what exactly happened in today’s unforeseen and unfortunate incident. 5Paisa hosts its entire trading and back-office systems in Netmagic ...

    • Will I get margin benefit immediately after I sell my stock?

      You may get the benefit of shares sold on T-day (i.e. instantly on the same day of trading) under the following circumstances. Shares lying in Client Unpaid Securities Account (CUSA). This normally happens if you sell shares which are purchased in ...

    • Will I get the news updates on 5paisa's FnO360 portal?

      Yes, there is a ‘news’ button in the bottom right corner, where you can get live market updates to stay updated about the market’s trending news

    • Do I get dividends on fractional shares?

      Yes, you get dividends on fractional shares. Please note: If the dividend amount is less than a cent then you are not eligible for the same. Also, please note that the companies declaring the dividend have their own terms and conditions as well for ...