NISM 5B Mutual Fund Foundation Certification Exam Notes
Page 97 Of 121
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Stamp Duty Compliance: Mandatory for all MF unit issuances.
New Fund Offer (NFO): Initial launch of a mutual fund scheme for subscription.
NAV Applicability: Determines purchase and redemption prices for transactions.
Cut-Off Timing: SEBI prescribes timings for NAV applicability.
KYC Requirements: Mandatory for all mutual fund investors.
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