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How are closing balances calculated?

edited March 2013 in General
Closing balances in case of Stocks, MFs, Bonds, Gold and Silver are calculated based on multiplying the balance quantity with the respective purchase price. These balances should match your accounts closing balances.

In case of FDs, Deposits, ULIPs, Insurance, the closing balance will be calculated based on Investment + Cumulative Interest (if applicable) – Withdrawal. Interest paid out will not be calculated while calculating the closing balance.
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