​Yes, multiple purchase and redemption orders can be placed for the same mutual fund scheme on the same day through CubePlus.

However, the following important points should be noted for each type of transaction:

Purchase Orders

1. You can initiate multiple one-time investment orders in a scheme within a single day.
2. Each order will require separate payment authorisation.
3. Orders for which payment is not completed within the same calendar day will automatically be marked as rejected.
4. Once an order is placed, it cannot be cancelled or modified.

Redemption Orders

1. You can place multiple redemption orders for the same mutual fund scheme on the same day, but only up to the total number of units available in your demat account.
2. CubePlus will not allow redemption of more units than those currently held.
3. Just like purchase orders, once a redemption request is submitted, it cannot be withdrawn.

To understand how NAV (Net Asset Value) is applied for each order, including applicable cut-off timings and fund processing rules, refer to the article: What is the applicable NAV when placing a mutual fund order on CubePlus?​