Chapter VIII - NET ASSET VALUE AND TIMELINES FOR ALLOTMENT OF MUTUAL FUND UNITS AND PAYMENT OF INVESTMENT PROCEEDS (From Regulation 43 to Regulation 46)
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.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
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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