Unit Capital definition

Unit Capital means the aggregate of the face value of units issued under the scheme and outstanding for the time being.

Unit Capital means the aggregate of the monies collected from Unit Holders in respect of the Mutual Fund Scheme(s).

Unit Capital of the Plan means the aggregate of the face value of units issued under the Plan and outstanding for the time being;

Examples of Unit Capital in a sentence

• The Trustee shall have absolute discretion to reject any application for purchase of Units, if in its opinion, increasing the size of the Unit Capital is not in the general interest of the Unit Holders, or if for any other reason it does not believe it would be in the best interest of the Scheme or its Unit Holders to accept such an application.

• The Trustees shall have absolute discretion to reject any application for purchase of Units, if in its opinion, increasing the size of the Unit Capital is not in the general interest of the Unit Holders, or if for any other reason it does not believe it would be in the best interest of the Scheme or its Unit Holders to accept such an application.

• COMPUTATION OF NAV NAV of Units under the Scheme may be calculated by either of the following methods shown below: NAV (Rs.) =Market or Fair Value of Scheme’s investments + Current Assets - Current Liabilities and Provisions No. of Units outstanding under the Scheme Or NAV (Rs.) =Unit Capital + Reserves and Surplus No. of Units outstanding under the Scheme The NAV shall be calculated up to four decimal places.

• NAV of Units under the Scheme may be calculated by either of the following methods shown below: NAV (Rs.) =Market or Fair Value of Scheme’s investments + Current Assets - Current Liabilities and Provisions No. of Units outstanding under the Scheme Or NAV (Rs.) =Unit Capital + Reserves and Surplus No. of Units outstanding under the Scheme The NAV shall be calculated up to four decimal places.

• In addition to the circumstances mentioned in the SAI, the Trustees/AMC shall have the absolute discretion to accept/reject any application for purchase of units, if in the opinion of the Trustees/AMC, increasing the size of the Scheme’s Unit Capital is not in the general interest of the unitholders, or the Trustee/AMC for any reason believes it would be in the best interest of the scheme or the unitholder to accept/reject such an application.

More Definitions of Unit Capital

Unit Capital of a scheme/plan means the aggregate of the face value of units issued under that scheme/plan and outstanding for the time being.

Unit Capital means the aggregate of the monies collected from Unit Holders in respect of the Mutual Fund Scheme(s). "Unit Certificate" means a Certificate issued to the Applicant under the said Scheme, evidencing the number of Units issued to the person(s) named therein.

Unit Capital means the aggregate of the face value of units sold under a unit scheme and not repurchased by the Trust;

Unit Capital has the meaning set forth in Section 8.1(a).

Unit Capital means the aggregate of the monies collected from Unitholders in respect of the Scheme(s).

Unit Capital means the aggregate of the face value of the Units issued under the Scheme.

Unit Capital means the aggregate of the face value ofunits issued under the scheme and outstanding for thetime being.