The cut-off time for investing is 2:00 PM for equity / debt funds on a given business day. For orders placed for equity and debt funds before 2:00 PM, same day NAV is applicable.
For orders placed for liquid funds before 1:00 PM, closing NAV of the previous business day is applicable. For orders placed for liquid funds before 2:00 PM, same day NAV is applicable, except for business day followed by a holiday.