We are following the SEBI guidelines on the valuation of money market and debt securities. https://www.sebi.gov.in/legal/circulars/sep-2019/valuation-of-money-market-and-debt-securities_44383.html

Corporate Bonds

1. If the time to maturity is greater than 1 year:

• Coupon - Act/Act
• Yield - Annualized Yield
• DCF - Act/Act

2. If the time to maturity is under one year and there are no remaining coupons:

• Coupon - NA
• Yield - Money Market Yield
• DCF - Act/Act

3. If the time to maturity is under one year and a coupon is remaining:

• Coupon - Act/Act
• Yield - Annualized Yield
• DCF - Act/Act

Money Market Bonds

• Coupon - NA
• Yield - Money Market Yield
• DCF - Act/Act

Government Bonds

• Coupon - 30/360
• Yield - Semi-annualized Yield
• DCF - Act/Act

Snapshot of our Pricing and Cashflows