How much time does it take for units to be allocated?

Your units will be allocated within 5 business days after the closing period for the NFO. To know more about the timelines:

• Go to the transaction page on the PhonePe app.
• Select the NFO you have invested in to enter the fund details page you can see the allocated units there.

Related question(s):
What happens if the units are not allocated to me?
When can I cancel my investment in an NFO?