Non receipt of units from mutual fund?



I have subscribed for SIP of sbi magnum Taxgain scheme. They deducted money from account by ECS but nit allotted units.

Non receipt of units from mutual fund?
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2 Replies to “Non receipt of units from mutual fund?”


  1. Typically it takes time for the units to get allocated to your folio.

    When the money gets deducted it means that your investment is made and on that day at 8 pm the amc declares the NAV .
    This NAV is used to calculate units for you so on the next day the units get allocated to you.

    If the units do not get allocated to you in 3 working days .
    Contact the helpline nos mentioned on the account statement
    If this does not help

    plz feel free to drop me a line on [email protected]





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