This situation can occur when you place a redemption order via 'Units' or 'Redeem All.' The final Net Asset Value (NAV) applicable to your order is declared after the market closes (typically late at night or the next day). NAVs are set by the Asset Management Companies (AMCs) for each fund. Therefore, the final amount received might differ from the original order value.
For example:
If NAV on 5th May > NAV on 4th May: You will receive more money than order amount
If NAV on 5th May < NAV on 4th May: You will receive less money than order amount
You will receive amount according to latest NAV. For any clarifications, please reach out to us using the button below.