Allotment of Mutual Funds is dependent on the cut-off time and the mode of payment used and also the realisation of funds by the AMC. Orders placed before the cut-off time using UPI or net banking are allotted within 2 business days. Orders placed using mandate/auto-pay are allotted within 3 business days. Any orders placed after the cut-off time are processed the next day and therefore, require an additional business day for allotment. On confirmation of allotment, you will receive a confirmation from the Mutual Fund (AMC) as well as from Dhan.