SEBI extends date of implementation of uniformity in applicability of NAV on realization of funds to Feb 1, 2021 from Jan 1, 2021
Jan 01 2021
News Category: Regulatory Updates
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Capital market regulator Securities and Exchange Board of India (SEBI) gave an extension to the date of implementation of uniformity in applicability of NAV (Net Asset Value) on realisation of funds to Feb 1, 2021 from Jan 1, 2021. Under the new rules which was announced in Sep 2020, investors will purchase NAV of the day when investor’s money reaches the asset management company, irrespective of the size of the investments.

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