When you redeem your investment, a few factors can affect the final amount you receive:
NAV Timing: The Net Asset Value (NAV) is updated daily between 9 PM and 11 PM. The NAV you see when you request a redemption reflects the previous day's value. However, the actual NAV applied depends on the time your order is processed, which might differ from the displayed NAV.
Exit Load: Some funds charge an exit load if you sell your investment before a certain period. This fee is deducted from your redemption amount and can affect the final amount you receive.
These factors can lead to receiving a slightly different amount than you initially expected.