SEBI has changed the time of purchase and sale of time of Equity Mutual Fund; know new cut off time

There is good news for Mutual Fund investors. The market regulator SEBI has changed the time of purchase and sale of Equity Mutual Fund to 3 PM again, giving relief to mutual fund investors from Monday, October 19, 2020. With this decision, investors will get more time to buy and sell mutual funds.

 

But SEBI has not made any changes in the timing of buying and selling debt mutual fund schemes and Debt Schemes and Conservative Hybrid Funds. Nilesh Shah, chairman of the Association of Mutual Funds in India (AMFI), an organization regulating mutual fund business, also tweeted about this new decision of SEBI.

SEBI has not made any changes in the time of purchase and sale of liquid and overnight funds and it is from 12.30 to 1.30 PM as before. For debt and conservative hybrid funds, it is 1 PM.

 

In India, Mutual Fund Companies invested Rs 39,500 crore in the stock market in the first half of the current financial year (2020-21) if we talk about investment by mutual fund companies. The special thing is that investors continued to invest in it even during the coronary period and this is almost four times more than the same quarter of the last financial year.