You are the one who talked about this issue .lot of people affected by this issue..around 5 to 6% loss for all investors who invested amount on Tuesday as they got NAvV as 5th next day.
I am also a victim of this scam. I had placed five orders, in which four of them issued with the nav of 5th June, whereas one order was placed with the nav of 4th June, for which the payment was made through net banking. Payments for the other four were made through UPI.
It is strange thing to happen because in sip we generally get nav of the day that is registered for sip with exception when it is satirday ornsunday then only it postpones to monday.
@marketfeed, Thanks, Bro; I did not check this issue before but found I too am affected. I have raised a complaint for this. Update: I got an email from A.M.C. after my complaint that even though the transaction was made on the 4th, AMC got the money only on the 5th around 10:43AM. Due to this, they have allotted me the NAV of 5th. 2nd Update: The SEBI complaint seems to have worked; the AMC withdrew the units given on the 5th and gave me the units on the 4th. Thanks again!
I think its depends on the type of payment mode as well. I'm using e-mandate and two of my mutual fund transaction successfully completed with NAV date June 4.
You are not right. Order is placed with Broker before 2:30 not money is transferred. Money needs to transferred directly to BSE at same time, if money is not credited to BSE at cutoff, BSE wont concider the order for the day.
@@vamsidvm6106 I hope you got my point, it's not about order time.. it's when you pay the money.. I ordered on 4th , at 12:13, paid amt same time via netbanking... I got units with NAV of 4th..
I have put a PPFAS elss mutual fund order and made a successfully payment before 1pm through zerodha's coin plateform on 4th June but my allotted NAV was of 5th June. I have lost gain of about 2.8%. It's a huge scam.
I always invest before 2 PM, so I never face NAV issues. Actually, it takes time for execution from brokers. Previously, I faced the same issues, but since I started buying before 2 PM, I always get the same date of NAV. This is not a scam. If you are a regular mutual fund investor, you wouldn't complain about this.
My MF SIPs got auto deducted on June 3rd but I got the nav of 4th June for all my SIPs. Lucky, but still it goes against the sebi rules of same date nav
I invested via groww in two mf's quant small cap and quant mid cap at the same time of around 11:48 AM. For mid cap mf i got the same day i.e 4th june nav but for small cap mf i got the next day i.e 5th june nav
Please review my MF portfolio and let me know any changes are required.Thank you in advance. Parag Parikh Flexi Cap -2K Invesco India Infrastructure - 3K PGIM India Midcap opportunities - 1K Axis Small cap - 2K Canara Robeco Bluechip Equity - 2k Mirae Asset Large and Midcap - 1K UTI nifty 50 index fund -2k
Lol, we are discussing about why NAV is not allocated as per June 4th. We are not evaluating any mutual fund here about good or bad. It's a kinda scam only, when none ttaskee. Responsilitty
You are the one who talked about this issue
.lot of people affected by this issue..around 5 to 6% loss for all investors who invested amount on Tuesday as they got NAvV as 5th next day.
I got my sip at 5/6/24 NAV. Even NIPPON INDIA ETF was showing more than 4 % tracking error.
No security for retailers money in Indian market.
If a company delisted no way to get our money..
One perspective to help investigate is to look at who would (or can) benefit if the "glitch" was deliberately created
I am also a victim of this scam. I had placed five orders, in which four of them issued with the nav of 5th June, whereas one order was placed with the nav of 4th June, for which the payment was made through net banking. Payments for the other four were made through UPI.
UPI is recommended over net banking for making mf payments, that's what we were told . So this view is also false 😔
I placed 50k on 4th morning using netbanking.....got same day NAV..
@@malakondaiahkonda6307 so net banking should be preferred over UPI
I placed all orders via upi still got 2 out of 5 transactions with the NAV of 4th june
It is strange thing to happen because in sip we generally get nav of the day that is registered for sip with exception when it is satirday ornsunday then only it postpones to monday.
@marketfeed, Thanks, Bro; I did not check this issue before but found I too am affected. I have raised a complaint for this.
Update: I got an email from A.M.C. after my complaint that even though the transaction was made on the 4th, AMC got the money only on the 5th around 10:43AM. Due to this, they have allotted me the NAV of 5th.
2nd Update: The SEBI complaint seems to have worked; the AMC withdrew the units given on the 5th and gave me the units on the 4th. Thanks again!
Cutoff time is 12:30 now and not 3 PM u can see by purchasing at 12:30
Correct in my case too😢
I really appreciate you brought to light.
I think its depends on the type of payment mode as well. I'm using e-mandate and two of my mutual fund transaction successfully completed with NAV date June 4.
I think 12pm is the cutoff time
INCREDIBLE INDIA.. 😂 ONLY IN INDIA..
From every 6% from those dayz approximately 20k cr brokerage there self invested there own from that 20kcrs 6%😊
Not only buy also investor who sold in 3rd didn't get the nav
Couldn't even add money for a long time in groww. It was painful
You are not right.
Order is placed with Broker before 2:30 not money is transferred.
Money needs to transferred directly to BSE at same time, if money is not credited to BSE at cutoff, BSE wont concider the order for the day.
My order is places in morning 11.30 and still same day nav is not given. You still they didn't receive also
@@vamsidvm6106 I hope you got my point, it's not about order time.. it's when you pay the money..
I ordered on 4th , at 12:13, paid amt same time via netbanking... I got units with NAV of 4th..
Complaint registered.
I have invested on UTI MF. But they give me unites on higher NAV. This is a scam.
Happened the same on June 5th as well
Even In autopay also I get the nav for next day in groww😴
So sad, please voice out and compliant in sebi website
I have put a PPFAS elss mutual fund order and made a successfully payment before 1pm through zerodha's coin plateform on 4th June but my allotted NAV was of 5th June.
I have lost gain of about 2.8%.
It's a huge scam.
Yes, it is.
Register a compliant in sebi website
I always invest before 2 PM, so I never face NAV issues. Actually, it takes time for execution from brokers. Previously, I faced the same issues, but since I started buying before 2 PM, I always get the same date of NAV. This is not a scam. If you are a regular mutual fund investor, you wouldn't complain about this.
I am a regular MF investor bro. I purchased at 12 35 pm on 4th June. I got allotted NAV of 5th June.
@@prajiths99 which broker ?
Yes, same for me. I did it on zerodha
Yes u are right but in that day many bought before 2 pm and still got nav from next day
My MF SIPs got auto deducted on June 3rd but I got the nav of 4th June for all my SIPs. Lucky, but still it goes against the sebi rules of same date nav
Awareness video❤
I invested around 12pm on 5th through groww and got @same day NAV
There was no issue on 5th. Only on 4th, the day of market crash
I'm affected by next day NAV...
Even discounted brockers didt let me buy on dip. After 1000 point recovery it let me.
Cry😢😢
Couldn't add money in groww for quite some time
Could anyone tell me how to put target in Angel broking , when I place that target my stop loss is changing
I got effected through gutters
I invested via groww in two mf's quant small cap and quant mid cap at the same time of around 11:48 AM. For mid cap mf i got the same day i.e 4th june nav but for small cap mf i got the next day i.e 5th june nav
ALREADY COMPLAIN LODGED
I also suffered…
Please review my MF portfolio and let me know any changes are required.Thank you in advance.
Parag Parikh Flexi Cap -2K
Invesco India Infrastructure - 3K
PGIM India Midcap opportunities - 1K
Axis Small cap - 2K
Canara Robeco Bluechip Equity - 2k
Mirae Asset Large and Midcap - 1K
UTI nifty 50 index fund -2k
💪💪athisaktham 💪💪
Is there any option to download payment history in mutual funds
which platform do you use to invest in MF..?
Yes
This is also a big scam like neet
😢
It is mostly ignorance, you should have bought MF ETFs rather than MFs.
I was affected
As mutual fund is a long term investment, this can't consider as a scam.
Lol, we are discussing about why NAV is not allocated as per June 4th. We are not evaluating any mutual fund here about good or bad.
It's a kinda scam only, when none ttaskee. Responsilitty
I have lost gain of 2.8% cause issued NAV is of 5th June instead of 4th.
Who is responsible for that ??? Nobody !!
It's definately a huge scam
One day nalacrash kazhinj kerumbol s ith Nala nastham thanne anu
You don't understand what the matter is brother..........
Brother, don't act like a fool
Athishaktham
I have invested on UTI MF. But they give me unites on higher NAV. This is a scam.