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of <h1>Regulation 59A mandates asset management companies to send scheme portfolio statements to unitholders within 10 days post half-year.</h1> Regulation 59A of the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 mandates that an asset management company must send a complete statement of its scheme portfolio to all unitholders within ten days following the end of each half-year, specifically by March 31st and September 30th. This requirement, amended in 2018, replaced the previous one-month timeframe. Additionally, the provision allowing for publication in newspapers instead of direct communication to unitholders was removed in the same amendment. The term 'mutual fund' was updated to 'asset management company' effective January 1, 2024.
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