Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Sets Uniform Cut-off Timings for Mutual Fund NAVs; Applies to Liquid and Other Schemes, Excludes International.</h1> The circular issued by the Securities and Exchange Board of India (SEBI) establishes uniform cut-off timings for determining the Net Asset Value (NAV) applicable to mutual fund transactions, excluding international schemes. It specifies guidelines for cut-off timings for liquid fund schemes and other mutual fund schemes, detailing the NAV applicable based on the time of application receipt and availability of funds. The document mandates mutual funds to disclose official acceptance points and use compliant time-stamping machines. Compliance with these guidelines must be reported bi-monthly, and the guidelines are effective from October 16, 2006, aiming to protect investor interests and regulate the securities market.