Why is the BSDA list scrutiny critical? As per SEBI Circular CIR/MRD/DP/22/2012, all depository participants (DPs) are required to make available a “Basic Services Demat Account” (BSDA) for the benefit of retail investors. For this purpose, every brokerage firm gathers the entire data, of around 3 Million people, to scrutinize from various sources. The endgame […]
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In the world of mutual funds, investible surplus cash is a critical aspect that fund managers need to monitor and manage to ensure smooth operations. A clear and ongoing view of the available funds allows fund managers to make investments and generate returns for their investors. However, having this visibility can be challenging, and it
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The net asset value (NAV) calculation and reconciliation process for an asset management company (AMC) is a complex and time-consuming process. While asset managers with multiple funds may outsource NAV calculations to third-party fund administrators, the ultimate responsibility for accuracy lies with the firm. Which is why NAV calculation and reconciliation is a crucial task
How AMCs can simplify NAV Computation and Reconciliation Read More »
