According to officials at discount brokerage firms Groww and Zerodha, many of the transactions could not be processed for the same day net asset value (NAV) even though they were executed before the 2 pm deadline.
These investors were allocated the next day's higher NAV, leading to notional losses.
The NAVS of equity MFs went up between 2 per cent and 5 per cent on Wednesday as the equity market rebounded from Tuesday's lows.
Diese Geschichte stammt aus der June 07, 2024-Ausgabe von Business Standard.
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Diese Geschichte stammt aus der June 07, 2024-Ausgabe von Business Standard.
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Women in a shadow war
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NCPA-Soho 1st theatrical tie-up blurs boundaries
Indian 'drag kings' to take stage in Mumbai, London in Gentlemen's Club
GAINS AT PUMPS SUPERNORMAL
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Sebi plans mandatory disclosures for direct plan MF schemes
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