Section 48: Computation of Net Asset Value

Q: What does Section 48 of The SEBI (Mutual Funds) Regulations, 1996 (TSMFR) deal with?

Section 48 TSMFR pertains to "Computation of Net Asset Value". It is part of the The SEBI (Mutual Funds) Regulations, 1996, a legislation enacted by the Parliament of India. Section 48 of The SEBI (Mutual Funds) Regulations, 1996 (TSMFR) governs computation of Net Asset Value. As verified on 19 May 2026.

Q: Is Section 48 TSMFR still in force?

Yes, Section 48 of the The SEBI (Mutual Funds) Regulations, 1996 is currently in force across the Republic of India.

Q: What is धारा 48 TSMFR?

धारा 48 TSMFR is the Devanagari Hindi reference for Section 48 of the The SEBI (Mutual Funds) Regulations, 1996. Section 48 of The SEBI (Mutual Funds) Regulations, 1996 (TSMFR) governs computation of Net Asset Value. As verified on 19 May 2026.

Q: What is Dhara 48 TSMFR?

Dhara 48 TSMFR is the Roman Hindi reference for Section 48 of the The SEBI (Mutual Funds) Regulations, 1996. "Dhara" means "Section" in Hindi. Section 48 of The SEBI (Mutual Funds) Regulations, 1996 (TSMFR) governs computation of Net Asset Value. As verified on 19 May 2026.

Q: How to cite Section 48 of The SEBI (Mutual Funds) Regulations, 1996?

Cite as: "Section 48, The SEBI (Mutual Funds) Regulations, 1996 (TSMFR)" in legal briefs. For academic writing, use the BlueBook format: The SEBI (Mutual Funds) Regulations, 1996, § 48 (India).

Law on Tips Editorial Board

(1)

Every mutual fund shall compute the Net Asset Value of each scheme by dividing the net assets of the scheme by the number of units outstanding on the valuation date.

(2)

The Net Asset Value of the scheme shall be calculated and published at least in two daily newspapers at intervals of not exceeding one week :

[Provided that the Net Asset Value of a close ended scheme, other than that of equity linked savings scheme, shall be calculated on daily basis and[disclosed in the manner specified by the Board] [Substituted Notification No. LAD-NRO/GN/2009-10/01/159601, dated 8.4.2009.].]