https://www.taxtmi.com/circulars?id=58908 The circular expands the discretionary yield adjustments for valuation of rated and unrated debt securities held by mutual funds, with distinct treatment for instruments of up to two years and those over two years, increasing the allowable upward and downward adjustments and raising discretionary add ons over mandatory discounts for unrated instruments; other valuation provisions remain unchanged and the revisions take effect immediately to align net asset value with prevailing market yields. en-us Sat, 18 Oct 2008 00:00:00 +0530 Thu, 03 Jan 2019 12:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58908 The circular expands the discretionary yield adjustments for valuation of rated and unrated debt securities held by mutual funds, with distinct treatment for instruments of up to two years and those over two years, increasing the allowable upward and downward adjustments and raising discretionary add ons over mandatory discounts for unrated instruments; other valuation provisions remain unchanged and the revisions take effect immediately to align net asset value with prevailing market yields. Circulars SEBI Sat, 18 Oct 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58908