mutual funds
This query is : Resolved
06 February 2008
The price band for the sale price and repurchase price as per SEBI Regulations 1996 is as follows where,
a) sale price should not be higher than 107% of NAV,
b)repurchase price should not be lower than 93% of NAV, and
c)difference between sale price and repurchase price calculated on sale price should not exceed 7%.
Is there any change in this rule???
a) sale price should not be higher than 107% of NAV,
b)repurchase price should not be lower than 93% of NAV, and
c)difference between sale price and repurchase price calculated on sale price should not exceed 7%.
Is there any change in this rule???
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