1. For the purposes of cut off timings for purchase/redemption of mutual Funds, there are separate rules for liquid/ overnight  funds and other funds like  equity or debt funds.

2. For redemption in Liquid Funds what NAV will be applicable if application received up to cut off time?

3. For redemption in Liquid Funds what NAV will be applicable if application received after cut off time?

4. For investment in Liquid Funds what NAV will be applicable if application received up to cut off time and funds are available for utilization before cut off time?

5. For investment in Liquid Funds what NAV will be applicable if application received after cut off time and funds are available for utilization on the same day?

6. The term “without availing any credit facility” refers to the payment for purchase of units is being made out of available resources of the investor and not out of money specifically borrowed for this purpose.

7. If you invest in a liquid fund before 12:30 pm on a working day and also transfer the funds by that time so that the funds are credited to the AMC account before cut off time, you will be allotted units of the scheme at the NAV of the same day.

8. If you submit your application form for investment in a Liquid Fund before 12:30 pm and transfer the funds after 12:30 pm, you will get the units at the NAV of the --------- day. 

9. In case of a Liquid Fund, if you give your application before 12:30 pm to be eligible for the previous day's NAV, you must also deposit your money into your mutual fund's account by that time.

10. For investment and switch in for equity and debt funds (Except Liquid Funds), the cut-off time for submission of application form is-------pm. 

11. If you submit your application form for investment of Rs. 1.50 Lakhs in Equity & Debt Funds (Except Liquid Funds) before 1 pm, you get the same day's NAV. 

12. If the application for investment for purchase of equity funds is submitted after 1 pm and the amount invested is Rs. 1,90,000, the NAV at which the units will be allotted will pertain to----

13. If an investor submits an Application for purchase of Equity Mutual Funds for a sum of Rs. 5 Lakhs before 1 pm and funds are credited to the account of the Fund House before 1 pm on the same day, which business day NAV will be applicable?

14. If an investor submits an Application for purchase of Equity scheme for a sum of Rs. 5 Lakhs before 1 pm and funds are credited to the account of the Fund House after 1 pm on the same day, which business day NAV will be applicable?      

15. An investor submits an application for purchase of Liquid Fund scheme on 01/07/2020(Wednesday)before 12:30 pm and the funds for the same are credited to the fund house after 12:30 pm.Which NAV will be applicable considering all are business days?

16. If Mr. Narendra submits an application for investment in Liquid fund on 03/07/2020 after 12:30 pm for a sum of Rs. 1,75,000 and funds are also credited to funds house on 03/07/2020 after 12:30 pm  which NAV will be applicable considering that04/07/2020 and 05/07/2020 are Saturday and Sunday respectively?

17. Mr. Mohan submits an application for investment in Liquid fund on 03/06/2020 (Wednesday) before 12:30 pm for a sum of Rs. 1,90,000 and funds are credited to funds house on 05/06/2020 (Friday) after 12:30 pm, which NAV will be applicable considering that 06/06/2020 and 07/06/2020 are Saturday and Sunday respectively?

18. Mr. Kumar applies for purchase of Liquid Fund scheme and submits the application before 12:30 pm on 26/05/2020 (Tuesday) and funds are also credited in the account of the fund house before 12:30 pm on 26/05/2020, which NAV will be applicable considering 25/05/2020 is a holiday?   

19. An application for purchase of Liquid Fund units is submitted after 12:30 pm on 22/05/2020 (Friday) and funds for the same are credited before 12:30 pm on 22/05/2020 itself, which NAV will be applicable if 23/05/2020,24/05/2020 and 25/05/2020 are Saturday, Sunday and holiday respectively?

20. If Liquid fund units are applied before 12:30 pm on 11/04/2020 (Friday) and funds are also credited to the fund house on 11/04/2020 before 12:30 pm, which NAV will be applicable considering 10/04/2020 is a holiday?

21. An application for purchase of Equity fund for Rs. 1 lakh is submitted on 06/05/2020 (Wednesday) before 1:00 pm and funds for the same are credited on 08/05/2020 (Friday) before 1:00 pm, which NAV will be applicable?

22. An application for purchase of Equity fund for Rs. 5 lakhs is submitted on 06/05/2020 (Wednesday) before 1:00 pm and funds for the same are credited on 08/05/2020 (Friday) before 1:00 pm, which NAV will be applicable?

23. Mr. Anand submits an application for purchase of Equity Fund units for Rs. 3 lakhs on 12/06/2020 (Friday) before 1:00 pm and transfers funds such that the funds are credited to the fund house after 1:00 pm on the same day. Which NAV will be applicable?

24. Mr. Ramkumar submits an application for purchase of Long-Term Debt Fund units for Rs. 3 lakhs on 24/04/2020 (Friday) after 1:00 pm and transfers funds such that the funds are credited to the fund house after 1:00 pm on the same day. Which NAV will be applicable?

25. Mr. X submits an application for purchase of Debt Fund units (Other than Liquid) for Rs. 2.50 lakhs on 01/10/2020 (Thursday) after the applicable cut off time and transfers funds such that the funds are credited to the fund house after applicable cut off time on the same day. Which NAV will be applicable, considering it is Gandhi Jayanti on 02/10/2020 (Friday)?

26. Mr. Krishnamurthy submits an application for purchase of Long-Term Debt Fund units for Rs. 6 lakhs on 09/04/2020 (Thursday) after 1:00 pm and transfers funds such that the funds are credited to the fund house after 1:00 pm on the same day. Which NAV will be applicable if 10/04/2020 is a holiday on account of Good Friday?

27. An application for redemption of Liquid Fund units is submitted before 12:30 pm on 19/06/2020 (Friday) for Rs. 75000. Which NAV will be applicable?

28. An application for redemption of Liquid Fund units is submitted after 1:00 pm on 19/06/2020 (Friday) for Rs. 75000. Which NAV will be applicable?             

29. Mr. X submits an application for redemption of a Liquid Fund scheme on 01/10/2020 (Thursday) after applicable cut off time of that date. Which NAV will be applicable, considering it is Gandhi Jayanti on 02/10/2020 (Friday)?     

30. Mr.Y submits an application for redemption of a Liquid Fund scheme on 01/10/2020 (Thursday) after applicable cut off time of that date.  On what date he will get the funds credited to his account, considering it is Gandhi Jayanti on 02/10/2020 (Friday)?

31. An application for redemption of Liquid Fund units is submitted before applicable cut off time of that date on 01/10/2020 (Thursday) for Rs. 1,75,000. On what date he will get the funds credited to his account, considering it is Gandhi Jayanti on 02/10/2020 (Friday).

32. Anand submits an application for redemption of Liquid Fund units after 1:00 pm on 24/04/2019 (Friday) for Rs. 1,25,000. Which day's NAV will be applicable for the redemption?

33. An application for redemption from Equity Fund is submitted on 13/05/2020 (Wednesday) before1 pm. When the money will get credited to the account of investor on T+3 days basis.

34. A request for switch from equity to Liquid Fund is submitted on 07/07/2020 (Tuesday) before 1 pm. Which day's NAV will be applicable for switch in to Liquid Fund on T+3 days basis?

35. If an application for switch from Equity to Liquid Fund is received on 02/06/2020 (Tuesday) after the cut off time, which NAV will be applicable for switch in the Liquid Fund on T+3 days basis?

36. If an application is submitted for switch out from an Equity scheme to a Debt Scheme (Other Than Liquid Scheme) on 02/07/2020 (Thursday) after 1 pm, which days NAV will be applied for the switch in based on T+3 days

37. What time is considered as valid time of receipt of application at an authorized point of acceptance for subscription or redemption in off line mode?

38. What time is considered as valid time of receipt of application at an authorized point of acceptance for subscription or redemption in on line mode?

39. When the NAV of mutual Fund schemes are declared?