https://www.taxtmi.com/circulars?id=58847 Applicability of Net Asset Value (NAV) is modified for purchase applications in Income and Debt oriented mutual fund schemes (excluding liquid funds) so that for large subscriptions the closing NAV of the day on which funds are available for utilisation will apply, aligning NAV applicability with realisation of money and moving away from NAV based on application date; all other conditions of the earlier uniform cut-off timings circular remain unchanged. en-us Fri, 24 Oct 2008 00:00:00 +0530 Mon, 31 Dec 2018 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58847 Applicability of Net Asset Value (NAV) is modified for purchase applications in Income and Debt oriented mutual fund schemes (excluding liquid funds) so that for large subscriptions the closing NAV of the day on which funds are available for utilisation will apply, aligning NAV applicability with realisation of money and moving away from NAV based on application date; all other conditions of the earlier uniform cut-off timings circular remain unchanged. Circulars SEBI Fri, 24 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58847