Sun F&C Money Value Fund will declare the Net Asset Value (NAV) of its Liquid option on all the seven days of the week. In addition to this, any applications received within the cut-off time on any Friday will be processed on the basis of the NAV on the following Sunday. The applicable NAV for the applications received before a series of holidays will be processed on the basis of the NAV of the last holiday in sequence.
For instance, the applicable NAV for purchase/redemption/switch-over applications received within 10.30 A.M to 12 on any Friday will be that of the following Sunday. Therefore, an investor will not have to wait for the announcement of Monday NAV to get his application processed.