NAV computation for retail schemes requires daily or weekly valuation, supported by documented, regularly reviewed calculation methodologies. Computation of NAV for retail schemes requires the Fund Management Entity to calculate net asset value daily for open-ended schemes and weekly for ... Summary
NAV computation for retail schemes requires daily or weekly valuation, supported by documented, regularly reviewed calculation methodologies.
Computation of NAV for retail schemes requires the Fund Management Entity to calculate net asset value daily for open-ended schemes and weekly for close-ended schemes, in the manner specified by the Authority. NAV calculation procedures and methodology must be fully documented, regularly verified, and amended as necessary.
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