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What is the turnaround time for NAV and redemption proceeds?

April 26, 2017NAV proceeds redemption time turnaround

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What is the turnaround time for NAV and redemption proceeds?

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If your mutual fund purchase request is made before 12 noon you get the NAV of the same day. After 12.00 p.m the NAV applicable would be that of the next day. Expect your redemption proceeds to hit your bank account in around four to five days. Please read the respective offer document for further details.