How long does it take for units to be allotted after placing a mutual fund purchase order?

1Answer

It takes around 1 business day for AMCs to process allotment after realization of funds and for the same to start reflecting in your Portfolio and Reports on Kuvera. 

Please Note: From 1st Feb 21, AMCs can allot units only after realization of funds. NAV of the date on which funds are received by the AMC within the cut-off will be applicable to your purchase orders. Read more here.

While your orders are under processing they will reflect in the pending orders section on Kuvera.

 

|mutual_fund|mf0077|21112020

 

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