https://www.taxtmi.com/circulars?id=59317 Uniform cut-off timings determine the NAV applicable to mutual fund transactions (excluding international schemes and exchange trades). Mutual funds must uniformly apply cut-off timings, promptly deposit subscription instruments into banks, and the asset management company must indemnify losses from non-compliance. Distinct prospective NAV rules govern liquid funds and other schemes for purchase, repurchase, switch and sweep transactions. Official points of acceptance must be disclosed, time-stamping machines deployed with specified safeguards, and compliance reported in periodic trustee and compliance reports; guidelines are to be disclosed in offer documents. en-us Thu, 28 Sep 2006 00:00:00 +0530 Thu, 24 Jan 2019 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59317 Uniform cut-off timings determine the NAV applicable to mutual fund transactions (excluding international schemes and exchange trades). Mutual funds must uniformly apply cut-off timings, promptly deposit subscription instruments into banks, and the asset management company must indemnify losses from non-compliance. Distinct prospective NAV rules govern liquid funds and other schemes for purchase, repurchase, switch and sweep transactions. Official points of acceptance must be disclosed, time-stamping machines deployed with specified safeguards, and compliance reported in periodic trustee and compliance reports; guidelines are to be disclosed in offer documents. Circulars SEBI Thu, 28 Sep 2006 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59317