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of <h1>Portfolio managers must maintain and submit key financial documents to SEBI as per Regulation 17.</h1> Every portfolio manager must maintain specific financial documents, including a balance sheet, profit and loss account, auditor's report, financial position statement, and records supporting investment decisions. They must inform the Securities and Exchange Board of India (SEBI) about the location of these records. Additionally, portfolio managers are required to submit copies of these financial documents to SEBI after each accounting period and provide documents from the previous five years when requested. These obligations are outlined in Regulation 17 of the Securities and Exchange Board of India (Portfolio Managers) Regulations, 1993.
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