EXISTING SCHEMES OR ARRANGEMENTS DEEMED TO BE A COLLECTIVE INVESTMENT SCHEME - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
EXISTING SCHEMES OR ARRANGEMENTS DEEMED TO BE A COLLECTIVE INVESTMENT SCHEME - Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
Protection of unit holders' interests requires trustees and managers to ensure disclosure, avoid conflicts and segregate scheme assets. Trustees and Collective Investment Management Companies must protect the interests of all classes of unit holders, ensure timely dissemination of ... Summary
Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999
Protection of unit holders' interests requires trustees and managers to ensure disclosure, avoid conflicts and segregate scheme assets.
Trustees and Collective Investment Management Companies must protect the interests of all classes of unit holders, ensure timely dissemination of adequate, accurate and simple information about investment policies and financial position, avoid conflicts of interest, maintain scheme-wise segregation of funds and assets, make investments in accordance with stated investment objectives, refrain from unethical marketing or inducements, and conduct activities with integrity and honesty.
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