Independent asset valuation governs NAV computation and investor disclosure, subject to an exception for independently valued regulated scheme investments. Regulation 26 requires the FME and fiduciaries to comply with Sixth Schedule investment valuation norms. Scheme assets must be independently valued for ... Summary
Independent asset valuation governs NAV computation and investor disclosure, subject to an exception for independently valued regulated scheme investments.
Regulation 26 requires the FME and fiduciaries to comply with Sixth Schedule investment valuation norms. Scheme assets must be independently valued for NAV computation and disclosure to investors by an eligible service provider. This requirement is inapplicable to investments in regulated schemes in IFSC, India, or foreign jurisdictions that are valued by an independent entity, whether the investment is made directly or through a manager.
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