SEBI Revises Cut-Off Timing for Overnight Mutual Funds:
The revised timings aim to support SEBI’s upstreaming framework introduced in December 2023, ensuring better fund security and operational alignment across the ecosystem. The Securities and Exchange Board of India (SEBI) has revised the cut-off timing for redemption in overnight and liquid mutual fund schemes, effective June 1, 2025. This change is a part of SEBI’s broader initiative to enhance the safety of client funds held with brokers and clearing members.
