The date of allotment of mutual fund units depends on the payment method selected by you to make the investment.
Investment via UPI:
If you transfer money using UPI before 12:30 PM on a working day, units will be allotted on the same day.
If transferred after 12:30 PM, units will be allotted on the next working day.
Scripbox will show you the exact investment date.
Investment via Net Banking:
If you transfer money using Net Banking anytime between 12:00 AM and 11:59 PM on a working day, units will be allotted on the next working day (T+1) — regardless of the time you place the instruction.
Automated transfer (linked bank account):
Units will be allotted within the next working day from the scheduled investment date, and the Scripbox dashboard will be updated within 2 working days.
In the event of any exceptional delay in unit allocation due to unforeseen circumstances, we will notify you via email. Any difference in the Net Asset Value (NAV) arising from such a delay will be refunded* to your bank account registered with Scripbox.
*Please note that any NAV difference of more than ₹50 will be refunded.
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