Sebi modifies NAV rules for mutual funds

Currently, mutual fund investors with cheque values of less than Rs 2 lakh per application get the NAV of the product on the same day of deposit. Those who invest more than Rs 2 lakh get the NAV of the day the fund house realised the cheque. This could be up to three days after the cheque is submitted.

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Sebi modifies NAV rules for mutual funds Sebi modifies NAV rules for mutual funds Reviewed by Insurance Advisor on September 18, 2020 Rating: 5

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