10.2 Process NAV Correction Policy Transaction Reversal

This topic provides the systematic instructions to process NAV Correction Policy Transaction Reversal screen.

When an NAV correction is made, the system reverses all relevant policy transactions and generates new transactions. If the original transaction has been allocated, the new transaction will also be allocated. This will be an EOD Batch Process.

You have the option of executing this process manually, through the NAV Correction Policy Transaction Reversal screen.

1. On Home screen, type UTDPLREV in the text box, and click Next to process the screen.
   This helps when you want to allocate transactions that have undergone NAV correction, prior to the EOD Batch Process.
   The NAV Correction Policy Transaction Reversal screen is displayed.

   Figure 10-1 NAV Correction Policy Transaction Reversal

   
   

   
   Description of "Figure 10-1 NAV Correction Policy Transaction Reversal"

   
   
2. Click the Execute button to execute the process online.
3. Click the Submit button to submit a job for the same.

   Note:

   NAV Correction does not support the correction of an initial investment if the transaction has been allotted or if any underlying policy transactions have been generated. NAV correction will also not support the reversal/correction of policy switch transactions if it is across AMCs, provided there is no allocation lag.