You can transact anytime during the day. However, cut-off times for same day deals are as below:
• Liquid overnight schemes: 12:30 p.m.
• Other schemes: 2:00 p.m.
All instructions received on the transaction date before the cut-off time will be eligible for same days NAV (except, Saturday, Sunday and Holidays).
For transactions after cut-off time the applicable NAV will be as on next working day. Unprocessed deals for the day will be processed very next working day.
Yes, you can place your request even on a holiday. However, the request would be processed on the next business day and respective NAV would be applicable as per the Mutual Fund's offer document.