SEBI issues Master Circular for Mutual Funds
For effective regulation of the Mutual Fund Industry, Securities and Exchange Board of India (SEBI) has been issuing various circulars from time to time.
In order to enable the industry and other users to have an access to all the applicable circulars at one place, SEBI has issued this Master Circular for Mutual Funds.
This Master Circular includes circulars issued upto March 31, 2020. Temporary relaxations with regards to certain compliance requirements for mutual funds in the wake of the COVID-19 pandemic were provided vide SEBI Circular No.SEBI/HO/IMD/DF3/CIR/P/2020/47 dated March 23, 2020, which may be referred to for the same
The Circular contains the following Chapters:
1. Offer documents for Schemes
2. Conversion and consolidation of schemes and launch of additional plan
3. New Products
4. Risk Management System
5. Disclosures & reporting norms
6. Governance norms
7. Secondary market issues
8. Net asset value
9. Valuation
10. Loads, fees and expenses
11. Dividend distribution procedure
12. Investment by schemes
13.Investment by foreign investors in mf schemes
14. Advertisements
15. Investor rights & obligations
16. Certification and registration of intermediaries
17. Transaction in mutual funds units
18. Miscellaneous
Download SEBI Master Circular on Mutual Funds Click Here >>
Mere CBDT Instructions cannot absolve individuals of their obligation to explain the source and nature of their gold holdings, even…
Empanelment of General Observers for ICSI Examinations December 2026 ICSI has invited interested members to enroll as General Observers for…
ITAT answers some important and inter-related issues relating to deduction u/s 80IA In a recent judgment, ITAT has dealt with…
Carry forward of loss can not be denied for belated return, it is only the set off in subsequent year…
Where sales are duly recorded in books and VAT returns, to treat it bogus sales, AO must bringing cogent adverse…
Expenses to celebrate Diwali with staff creates a goodwill and, therefore amounts to expenses incurred for the purpose of business…