Hello All, I am seeing NAV value as of 1st on today which is 3rd .so if I will sell it now.which NAV I will get.1st or today’s which is 3rd?
@Sumit1 The NAVs for all mutual funds are announced by the end of the day (EOD). Therefore, on any given day (T day), you can view the NAV of the previous working day (T-1 day).
Further, when you place a redemption order, the NAV announced at the EOD of T day will be applicable, i.e if the order is placed before the cut-off time, the NAV of T day will apply to your transaction. The cut-off time for redemption orders is 3:00 PM. The NAV of T day will be applicable for orders placed within the cut-off time.
Refer to this link to know more.
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