Multiple choice

As per SEBI regulations for valu~t4>n of investments held by mutual funds, a security is considered non-traded when it

  1. has not been traded for 60 days prior to valuation

  2. has not been traded for 30 days prior to valuation

  3. is not listed on any stock exchange

  4. is held by the mutual fund without buying or selling
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

SEBI regulations define a non-traded security as one that has not been traded for 30 days prior to valuation. This is the standard period used to determine if a security needs to be valued using fair valuation methods rather than market price.

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