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What is Zerodha Coin Cut Off Time

 

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What is Zerodha Coin Cut Off Time

Zerodha Coin is a platform that allows users to invest in mutual funds online. It is a paperless and hassle-free platform that eliminates the need for physical forms and signatures. One of the key aspects of investing in mutual funds through Zerodha Coin is understanding the cut-off time.

The cut-off time is the time before which investors need to place their orders to buy or sell mutual funds. In the case of Zerodha Coin, the cut-off time for buying mutual funds is 12:30 pm on a trading day. Any orders placed after this time will be processed on the next trading day.


Zerodha Coin Cut Off Time

Pay method

Order

Cut-off time

Applicable NAV

UPI mode

Lumpsum and SIP

12:30 PM

T -1 day

Net banking (direct settlement banks)

Lumpsum and SIP

12:30 PM

T -1 day

Net banking (non-direct settlement banks)

Lumpsum and SIP

12 AM to 11:59 PM

T day

NEFT and RTGS

Only for lumpsum

12:30 PM

The NAV may change from T Day to T+5 day depending on when funds are credited to ICCL's bank account.

It is important to note that the cut-off time varies for different mutual funds and investment schemes. For example, some mutual funds may have an earlier cut-off time, while others may have a later cut-off time. It is important to check the specific cut-off time for the mutual fund that you are interested in investing in.

Investors need to keep in mind the cut-off time when investing in mutual funds through Zerodha Coin. Placing orders after the cut-off time may result in delays in processing the order, which can affect the returns on the investment. Therefore, it is advisable to place orders well before the cut-off time to ensure that the order is processed on the same trading day.

Conclusion

The cut-off time for Zerodha Coin is 12:30 pm on a trading day. It is important for investors to be aware of the cut-off time when placing orders to buy or sell mutual funds. Placing orders well before the cut-off time can help ensure that the order is processed on the same trading day, which can have a positive impact on the returns on the investment.

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