SEBI extends NAV cut-off enabling longer execution windows for overnight redemptions

SEBI revising NAV cut-off timing for overnight mutual fund scheme redemptions to 7:00 PM expands execution flexibility for portfolio managers who previously needed to compress redemptions into shorter post-market windows. The extension creates additional room for tactical positioning adjustments, liquidity staging, and event-aligned exit sequencing aligned closer to global data release overlap hours. For fund governance teams this policy reset allows cleaner risk realignment and tighter pricing reference mapping without scrambling for earlier cut points. Industry watchers expect more MF efficiency themes linked to cut-off mechanics and sequencing alignment into FY26.