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        SEBI

        Regulation 28 - Procedure for launching of schemes

        Securities and Exchange Board of India (Mutual Funds) Regulations, 1996
        Chapter V
        SCHEMES OF MUTUAL FUND

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        Mutual fund scheme approval requires trustee sign-off, offer document filing and payment of prescribed filing fees. Regulation 28 requires trustee approval prior to launching a mutual fund scheme and filing a copy of the offer document with the Board. The mutual fund must pay a minimum filing fee on submission and thereafter remit any balance filing fee calculated under the Second Schedule within the time specified by the Board. Earlier amendment notes concerning mandatory sponsor or asset management company investments in schemes have been substituted or omitted as reflected in the historical notes.
                      Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                      Provisions expressly mentioned in the judgment/order text.

                          Mutual fund scheme approval requires trustee sign-off, offer document filing and payment of prescribed filing fees.

                          Regulation 28 requires trustee approval prior to launching a mutual fund scheme and filing a copy of the offer document with the Board. The mutual fund must pay a minimum filing fee on submission and thereafter remit any balance filing fee calculated under the Second Schedule within the time specified by the Board. Earlier amendment notes concerning mandatory sponsor or asset management company investments in schemes have been substituted or omitted as reflected in the historical notes.


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