In case of all purchases, the following Regulations apply:
In case of applications below ₹ 2 lakhs:
Units will be allotted either as per the time stamp of your 'Purchase Confirmation' on the camsonline.com website. Units will be allotted based on the same day's NAV if the application is made prior to 3:00 PM.
In case the application amount is equal to or over ₹ 2 lakhs:
Units will be allotted, as per the date AND/OR time of credit in our "Online Collection Account' of HDFC Bank.
In most cases, this will differ from the date when your bank account is debited. We usually receive the credit one working day after your bank account has been debited (T+1).
This is because our payment gateway provider pools all inflows for that day and sends the entire amount as one batch, on the next working day.