https://www.taxtmi.com/acts?id=35304 Mutual funds must mark investments to market, recognising realised and unrealised gains or losses in revenue accounts while excluding unrealised appreciation from distributable income. Trade-date recognition applies; dividends and interest are recognised on ex-dates or as accrued daily. The weighted average cost method determines holding cost; transaction prices exclude customary transaction costs. Non-traded investments follow specified valuation norms. Real estate mutual fund assets are initially measured at cost but subsequently remeasured at fair value certified by two independent valuers (lower valuation used), with fair value changes recognised in the revenue account and unrealised gains non-distributable. en-us Mon, 21 Jan 2019 13:29:45 +0530 Tue, 17 Sep 2024 15:27:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35304 Mutual funds must mark investments to market, recognising realised and unrealised gains or losses in revenue accounts while excluding unrealised appreciation from distributable income. Trade-date recognition applies; dividends and interest are recognised on ex-dates or as accrued daily. The weighted average cost method determines holding cost; transaction prices exclude customary transaction costs. Non-traded investments follow specified valuation norms. Real estate mutual fund assets are initially measured at cost but subsequently remeasured at fair value certified by two independent valuers (lower valuation used), with fair value changes recognised in the revenue account and unrealised gains non-distributable. Act-Rules SEBI Mon, 21 Jan 2019 13:29:45 +0530 https://www.taxtmi.com/acts?id=35304