Sebi modifies NAV rules for mutual funds

Currently, mutual fund investors with cheque values of less than Rs 2 lakh per application get the NAV of the product on the same day of deposit. Those who invest more than Rs 2 lakh get the NAV of the day the fund house realised the cheque. This could be up to three days after the cheque is submitted.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/sebi-modifies-nav-rules-for-mutual-funds/articleshow/78182236.cms