SEBI vide circular dated March 29, 2023 has revised the time limit for disclosure of NAV of Mutual fund schemes investing overseas. While complying with the new timelines for declaration of NAV, AMCs as a principle shall ensure that NAV of schemes is disclosed based on the value of underlying securities/ Funds as on the T day (i.e. date of investment in MF units in India).
The provisions of this circular shall come into force with effect from July 1, 2023.
