The applicable NAV for transactions under mutual fund schemes is determined as follows:
Purchase orders
| Type of fund | Order placement on Groww (cut off) | Payment receipt on Groww (cut off) | NAV Applicability |
| Liquid / Overnight care | 12:00 noon | 12:00 noon | Previous day |
| Liquid / Overnight care | After 12:00 noon | After 12:00 noon | NAV of the day immediately preceding in the next business day |
| All other funds | 2:00 PM | 2:00 PM | Same Day |
| All other funds | After 2:00 PM | After 2:00 PM | Next business Day |
Note:
Orders placed on Saturdays, Sundays, and other market holidays will be treated as orders placed on the next business day.
Payments through UPI transfers usually result in same-day NAV if you place the order before the cut-off time.
Deposits via net banking will not result in same-day NAV unless made from select banks like Axis Bank, ICICI Bank, HDFC Bank, Yes Bank, or SBI Bank. In these cases, same-day NAV will apply. For other banks, the NAV will be as of the next business day.
In some cases, when you might make the purchase before the cut-off time, but funds are not received before the cut-off time, your order is placed on the next business day. Accordingly, you get the next business day NAV.