https://www.taxtmi.com/circulars?id=61196 Loads must be charged as a percentage of Net Asset Value and applied to NAV to calculate transaction prices: Sale Price = Applicable NAV x (1 + Sales Load) and Repurchase Price = Applicable NAV x (1 - Exit Load). Offer documents must disclose this method and illustrate by example. NAV rounding is standardized to four decimal places for liquid/money market schemes and two decimal places for other schemes, and these disclosures must be included in new and updated offer documents. en-us Mon, 22 Jul 2002 00:00:00 +0530 Wed, 29 May 2019 14:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61196 Loads must be charged as a percentage of Net Asset Value and applied to NAV to calculate transaction prices: Sale Price = Applicable NAV x (1 + Sales Load) and Repurchase Price = Applicable NAV x (1 - Exit Load). Offer documents must disclose this method and illustrate by example. NAV rounding is standardized to four decimal places for liquid/money market schemes and two decimal places for other schemes, and these disclosures must be included in new and updated offer documents. Circulars SEBI Mon, 22 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61196