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SEBI Modifies NAV Rules for Mutual Funds - (18 Sep 2020)

CAPITAL MARKET

Securities and Exchange Board of India (SEBI) has asked mutual funds to uniformly apply net asset value (NAV) across schemes upon realisation of funds. The Board has also tightened rules on the processes that fund managers follow to buy shares. The new rules will become effective from 1st January, 2021.

Tags : SECURITIES AND EXCHANGE BOARD OF INDIA   NAV RULES FOR MUTUAL FUNDS  

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