Swing Pricing mechanism is adjusting the net asset value (NAV) of units of a mutual fund scheme so as to ensure that the cost incurred due to subscription or redemption is not borne by existing customers but instead by those who are buying or selling the units of the fund.
This story is from the August 21, 2021 edition of The Morning Standard.
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This story is from the August 21, 2021 edition of The Morning Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
Communal amity leads to temple re-consecration
PEOPLE in Muthuvallur, a small village in Malappuram, have woven a heartwarming tale of religious harmony. The region is currently celebrating the re-consecration of Muthuvallur Sree Durga Bhagavathy Temple near Kondotty, which became a reality due to the strong bond that the Hindus and Muslims here share.
Sangeeth Sivan, maker of Malayalam film 'Yodha', passes away in Mumbai
RENOWNED film director Sangeeth Sivan passed away on Wednesday. The 61-year-old was undergoing treatment at a private hospital in Mumbai.
Death toll 17 in rain-related incidents in T’gana
THE heavy downpour that lashed parts of Telangana on Tuesday led to the death of at least 16 people 12 in Hyderabad and four in Sangareddy.
Heavy rain likely to continue in TN till May 11
Rain and thunderstorms are the result of a cyclonic circulation over Tamil Nadu, says weather department
Ramp up testing of food products, says HC
THE Delhi High Court on Wednesday stressed the need to ramp up testing of food products in the national capital to ascertain their quality, saying the food cycle has become \"corrupted\" and being the apex body, the FSSAI needs to take steps to ensure that there is enough testing.
Amid heatwave, 1 mn individuals travelled on Namo Bharat so far
GOING by the Regional Rapid Transport System (RRTS) data, a staggering 1 million individuals have boarded Namo Bharat till date, with a 17 km section inaugurated initially and a subsequent 34 km stretch opened to the public from March 2024.
10 apprehended in pan-India police crackdown on Bishnoi-Brar gang
TEN people, allegedly associated with the crime syndicate of Lawrence Bishnoi-Goldy Brar gang, were apprehended by the Special Cell of Delhi Police in a pan-India crackdown that began after the registration of a fresh case last month, an official said on Wednesday.
Sisodia bail: Agencies given more time
THE Delhi High Court on Wednesday issued notices to the CBI and ED, directing them to file their replies within four days to a bail plea filed by former Delhi Deputy Chief Minister, Manish Sisodia, accused in the Delhi liquor case.
Diplomat flags trash near embassy, NDMC rushes in
Ambassador appeals for cleanliness of roads near foreign embassies
Trained in captivity, to 'serve' in freedom
ON a chilly winter morning in February 2022, Rahul Singh was sitting within the confines of ward number 9, Central Jail No. 4 in Tihar Asia's largest prison complex.
