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Example 2
Pricing
Frequency
Weekly
Price Day
4 (Thursday)
Cut-off
Frequency
Cut-off
Day
Cut-off
Week
Monthly
1
4
The cut-off day is the Monday of the fourth week of the month. If the current date is 10th
September 2003 (say a Wednesday), it falls in the second week of the month. Since it is
before the cut-off day for the present cycle, the specific price date falls on the current cycle,
that is, the pricing on 4th September (the Thursday of the current pricing cycle) is considered.
If, in this same example, the cut-off week is 2, then the cut-off day is the Monday of the second
week of the month. Since the current date, 10th September 2003, a Wednesday, is beyond
the cut-off day, the specific price date is moved to the subsequent cycle, that is, the pricing
on 11th September (the Thursday of the subsequent pricing cycle) is considered.
Note
The number of business working days is considered while determining the cut off days.
The number of cut off days does not include the Fund holiday and the AMC Holiday.
4.9
Mapping Investment Account Types to Fund
To associate the allowable fund investment account types for a fund, you can use the Fund
Investment Account screen. When you are setting up a fund, you can invoke this screen from
the Fund Demographics screen by clicking on the Fund Investment Account link.
Note
You can also use the Fund Investment Account screen to map provident fund account
types as well as non-provident fund account types (such as cash nominee account types)
to a fund.
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