22 May 2012
Where to disclose Investment in Mutual Fund if frequent transactions of Purchase & Sales are undertaken throughout the year: Current/Non-current? Purchase & Sales units are not of high proportion compared to the Original investment, maybe around 10-15%.
22 May 2012
If they are FMPs then will be shown under non current investment accoding to remaining maturity as on 31st march. Liquid Mutual funds are shown under current investment as investment in mutual funds.
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