NET ASSET VALUE AND TIMELINES FOR ALLOTMENT OF MUTUAL FUND UNITS AND PAYMENT OF INVESTMENT PROCEEDSSecurities and Exchange Board of India (Mutual Funds) Regulations, 2026
NET ASSET VALUE AND TIMELINES FOR ALLOTMENT OF MUTUAL FUND UNITS AND PAYMENT OF INVESTMENT PROCEEDSSecurities and Exchange Board of India (Mutual Funds) Regulations, 2026
Mutual fund units: holders may choose statement of accounts or dematerialised holding; credits occur immediately on allotment. Applicants under a mutual fund scheme may elect holding in statement of accounts or dematerialized mode. The asset management company must credit units to ... Summary
Mutual fund units: holders may choose statement of accounts or dematerialised holding; credits occur immediately on allotment.
Applicants under a mutual fund scheme may elect holding in statement of accounts or dematerialized mode. The asset management company must credit units to the investor's chosen mode immediately upon allotment. On a unitholder's request to change mode, the asset management company must credit units in the newly specified mode within the period prescribed by the Board.
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