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of <h1>Mutual Funds Must Provide Annual Report or Summary to Unitholders Within Four Months Per Regulation 56</h1> Regulation 56 of the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 mandates that mutual funds must provide unitholders with a scheme-wise Annual Report or an abridged summary within four months of the accounts year closure. The report must include details specified in the Eleventh Schedule and other necessary information for a true and fair view of operations. Unitholders can request a free physical copy of the abridged summary. The full Annual Report is available for inspection at the mutual fund's Head Office and can be obtained for a nominal fee. Asset management companies must prominently display links to full reports on their websites.
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