What are MobiKwiks' transaction cut-off times?
Modified on: Wed, 15 Jun, 2022 at 5:31 PM
The cut-off timings for applicability of NAV for the Schemes of Mutual Funds are as follows:
Cut off time
All schemes (Liquid & Non -Liquid)
All purchase orders will placed before cut-off time 3PM (T) will be processed for NAV with the Mutual Fund company on the following business day (T+1)
For AUTO-PAY or SIP purchases using your bank mandate, our cut-off time is 5PM (T). We then pass on instructions to debit your account on the next bank working day (T+1) and generally place the order with the Mutual Fund company on the following business day (T+2). Your order can be placed with the Mutual Fund Companies only once we receive confirmation from your bank.
MobiKwik will send you confirmations for your transactions as soon as we receive this from the Mutual Fund Companies
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