When will my units be allocated after I invest in Mutual Funds?
As per SEBI’s new regulations, effective from 1st February 2021, your units will be allocated (subject to KYC verification) on the date your investment amount is credited to the mutual fund’s folio.
For more information about unit allocation timelines, please check the table below*:
1. One-time investment:
| Payment Mode | Bank Name | Cut-off time | Day units are allocated |
| UPI | All Banks | 8:00 am | Day of Investment or the next working day depending on the time of investment. |
Note: If you’ve invested before the cut-off time i.e 8:00 a.m, the units will be allocated as per the NAV value of the same day. If the investment is done after the cut-off time the units will be allocated as per the NAV value of the next workng day.
2. SIP investment:
| Payment Mode | Bank Name | Day units are allocated |
| NACH AutoPay | All Banks | 1 day after investment |
| UPI AutoPay | All Banks | Day of investment |
*Timelines mentioned in the above table are in terms of working days
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