Web11 Apr 2024 · Capital market regulator Securities and Exchange Board of India (Sebi) on Monday said that L&T Mutual Fund has ceased to exist as a mutual fund. This comes after L&T Mutual Fund Trustee Ltd had informed Sebi that it wanted to surrender the registration granted to L&T Mutual Fund (L&T MF) by the markets regulator pursuant to the approval … Web8 Jun 2024 · Pursuant to amendment to Regulation 49 (2) of SEBI (Mutual Funds) Regulations, 1996 regarding providing the methodology of calculating the sale and repurchase price of units, Mutual Funds/ AMCs shall explain the methodology with the help of a simple numerical example at all relevant places such as on their respective website, …
Audit Committee of Asset Management Companies (AMCs)
WebThe SEBI (Mutual Funds) Regulations 1996 is a set of rules that regulate selling of units of mutual funds on the Stock Exchange of India. Mutual Funds can be broadly defined as a … Web9 Apr 2024 · The structure of Mutual Funds has come into existence due to SEBI (Securities and Exchange Board of India) Mutual Fund Regulations, 1996 that plays the role of a primary watchdog in all of the transactions. Under these regulations, a Mutual Fund is created as a Public Trust. We will look into the structure of Mutual Funds in a detailed manner. how to unlock kasumi
SEBI Circular on modifications in Mutual Fund Regulations - TaxGuru
Web23 Jun 2024 · Mutual Fund Regulations by SEBI: SEBI has also made a few policies and laid down guidelines for mutual funds in order to safeguard the interests of the investors. These guidelines have been laid to bring uniformity in the working of the similar mutual funds’ scheme which will help the investors to make their investment decisions more clearly ... Web6 Mar 2024 · Sebi had permitted mutual funds an additional expense ratio of 30 basis points or 0.30 per cent on new inflows (amounts up to Rs 2 lakh) from retail investors for incentivising mutual... WebThe sponsor or the trustees of the mutual fund must appoint an AMC to manage the assets of the mutual fund. The AMC must satisfy certain eligibility criteria to register with SEBI, including that the (SEBI (Mutual Funds) Regulations 1996): Sponsor of the fund must have at least a 40% stake in the AMC. Directors of the AMC must be persons: how to unlock kapp n in new horizons