POSTED BY February 14, 2012 11:25 pm ONE COMMENTON
I have a NPS Tier I A/c and I am not a Govt Employee. I have noticed that Units allocation is not done properly. That is, unlike MF’s units are not allocated based on cut off time of the day. if I invest Rs.500.00 today through SIP, the units are allocated based on NAV of some other date and not today’s date. It varies with as many as 3-8 working days after money has been debited from investors A/c.
I feel that this is some thing unacceptable to any investor.
Can we do something about this?