SEBI issues Master Circular on Mutual Funds

Jul 11, 2018 | by Avantis RegTech Legal Research Team

Securities Exchange and Board of India vide notification dated July, 10, 2018 has issued Master Circular on Mutual Funds.

Salient Features of this circular are:-

        I.            Offer document for the scheme

      II.            Conversion and consolidation of scheme and launch of additional plan

    III.            New Products

    IV.            Risk Management System

      V.            Disclosure and Reporting Norms

    VI.            Governance Norms

  VII.            Secondary Market Issue

VIII.            Valuation

    IX.            Loads, Fees and Expenses

      X.            Dividend Distribution Procedures

    XI.            Investment by Foreign Investors in Scheme

  XII.            Advertisements

XIII.            Investor Rights& Obligation







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