Friday, June 1, 2018

Now Mutual Funds to provide physical copy of abridged summary of Annual report to unit holders at fr

SEBI has amended the Mutual Funds Regulations. Under the revised norms, Mutual Funds shall have to provide physical copy of the abridged summary of the Annual Report without any cost if any request is made by unit holders through any mode. Amendments have also been made to Regulation 49- Pricing of units, Regulation 52- Limitation on fees and expenses on issue of schemes, Regulation 56- Mailing of Annual Report and Summary, Regulation 59A- Statement to Unit holders.

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