Amfi members to adopt CRIS debt-base for NAV computation
The Association of Mutual Funds in India (Amfi) has directed its members to adopt a debt-base developed by Crisil Research & Information Services (CRIS) for uniform computation of yield-to-maturity (YTM) and modified duration of security-portfolio.

NSE to pare transaction charges from December
The National Stock Exchange (NSE) will sharply cut its transaction charges, paring them down to up to half. Normal transactions, negotiated trades and deals done through the depository segment will thus attract reduced charges.

Paperless trading in 300 scrips to be mandatory soon: Mehta
SEBI chairman DR Mehta has said that demat trading in about 300 scrips would be made mandatory for all investors in the next one year. He added that rolling settlements would be introduced almost simultaneously in those scrips where demat trading would be mandatory for all investors.

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