Mutual Funds

Review of Mutual Fund Regulations

In a recent board meeting, SEBI has reviewed the SEBI (Mutual Fund) Regulations, 1996. With respect to the advertisement guidelines pertaining to furnishing of information related to the performance of mutual fund schemes, it has been decided that mutual funds shall publish the performance data in terms of compound annual growth rate of previous 1…

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 | 2019
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