When an investor subscribes to the fund, the number of units that he will obtain will be based on the NAVPU that will be released at the end of the banking day. Similarly, when an investor redeems, the NAVPU that will be used for computing the redemption proceeds is the NAVPU that will be published at the end of the day.
Which NAVPU Is Used When I Subscribe or Redeem?
Written By Security Bank ()
Updated at September 16th, 2020