Section 49F: Valuation of real estates assets and declaration of net asset value

Q: What does Section 49F of The SEBI (Mutual Funds) Regulations, 1996 (TSMFR) deal with?

Section 49F TSMFR pertains to "Valuation of real estates assets and declaration of net asset value". It is part of the The SEBI (Mutual Funds) Regulations, 1996, a legislation enacted by the Parliament of India. Section 49F of The SEBI (Mutual Funds) Regulations, 1996 (TSMFR) governs valuation of real estates assets and declaration of net asset value. As verified on 19 May 2026.

Q: Is Section 49F TSMFR still in force?

Yes, Section 49F of the The SEBI (Mutual Funds) Regulations, 1996 is currently in force across the Republic of India.

Q: What is धारा 49F TSMFR?

धारा 49F TSMFR is the Devanagari Hindi reference for Section 49F of the The SEBI (Mutual Funds) Regulations, 1996. Section 49F of The SEBI (Mutual Funds) Regulations, 1996 (TSMFR) governs valuation of real estates assets and declaration of net asset value. As verified on 19 May 2026.

Q: What is Dhara 49F TSMFR?

Dhara 49F TSMFR is the Roman Hindi reference for Section 49F of the The SEBI (Mutual Funds) Regulations, 1996. "Dhara" means "Section" in Hindi. Section 49F of The SEBI (Mutual Funds) Regulations, 1996 (TSMFR) governs valuation of real estates assets and declaration of net asset value. As verified on 19 May 2026.

Q: How to cite Section 49F of The SEBI (Mutual Funds) Regulations, 1996?

Cite as: "Section 49F, The SEBI (Mutual Funds) Regulations, 1996 (TSMFR)" in legal briefs. For academic writing, use the BlueBook format: The SEBI (Mutual Funds) Regulations, 1996, § 49F (India).

Law on Tips Editorial Board

(1)

The real estate assets held by a real estate mutual fund scheme shall be valued -

(a) at cost price on the date of acquisition; and

(b) at fair price on every ninetieth day from the day of its purchase in accordance with the norms specified in Schedule IXB.

(2)

The asset management company, its directors, the trustees and the real estate valuer shall ensure that the valuation of assets held by a real estate mutual fund scheme are done in good faith, in accordance with the norms specified in Schedule IX B and that the accounts of the scheme are prepared in accordance with accounting principles specified in Schedule XI.

(3)

The net asset value of every real estate mutual fund scheme shall be calculated and declared at the close of each business day on the basis of the most current valuation of the real estate assets held by the scheme and accrued income thereon, if any.