New rules for MF schemes: All you need to know

The Securities and Exchange Board of India (Sebi) on Thursday modified certain rules realted to mutual fund (MF) schemes. It said that the closing net asset value (NAV) of the day shall be applicable during purchase of MF units, irrespective of the size or time of receipt.

New rules for MF schemes: All you need to know
The Securities and Exchange Board of India (Sebi) on Thursday modified certain rules realted to mutual fund (MF) schemes. It said that the closing net asset value (NAV) of the day shall be applicable during purchase of MF units, irrespective of the size or time of receipt.