Net Asset Value computation: asset management companies must calculate NAV daily and disclose it in board specified manner. Regulation 48 requires the asset management company to compute the Net Asset Value of each scheme by dividing the scheme's net assets by the number of ... Summary
Net Asset Value computation: asset management companies must calculate NAV daily and disclose it in board specified manner.
Regulation 48 requires the asset management company to compute the Net Asset Value of each scheme by dividing the scheme's net assets by the number of units outstanding on the valuation date, and to calculate NAV on a daily basis with disclosure in the manner specified by the Board.
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