March 2016

Enhanced Disclosures for Mutual Funds

SEBI issued a circular dated March 18, 2016, substantially increasing the disclosure requirements for mutual funds. In regard to disclosures in the Consolidated Account Statement, the circular now requires the CAS to provide the total purchase value/ cost of investment in each scheme and the half-year CAS to disclose the amount of actual commission, monetary…

© Finsec Law Advisors | 2017
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