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valution of mutual fund

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(Querist)
10 May 2008 i have purchase reliance mutual fund of Rs. one crore in weekly dividend re-investment plan in april and redeem some unit after each month of Rs. 500000.00
what should be the value of investment as on 31st march 2008 in B/S.
when we invest then entry done
investment Dr. Rs one crore
to bank Rs one crore

when redeem then
bank
to investment

is there any capital gain on the redeem is STT has been deducted on the redeem value?
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sachin saxena

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sachin saxena (Querist)
15 May 2008 plz ans
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DURVI

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DURVI (Expert)
16 July 2008 Valuation is NAV per unit.
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