How is NAV allotted for redemption orders?

The cut-off time for placing redeem orders is 1.30 p.m.

Redeem orders placed before the cut-off time:
1.  NAV of the day immediately preceding the next business day in case of liquid / overnight funds
2. NAV of the same day in case of other funds

Redeem orders placed after the cut-off time: The cut-off time for placing redeem orders is 1.30 p.m., then the closing NAV of the next business day is applied for all the funds