Mutual fund registration requires disclosure, material-change notification and timely annual fee payment under regulatory rules.

Registration of a mutual fund is subject to: adherence by trustees, sponsor, asset management company and custodian to the Regulations; prompt notification if previously submitted information is materially misleading; immediate disclosure of any material change bearing on registration; and payment of annual fees specified in the First Schedule, payable before 15 April each year after registration, with a possible two-month extension at the Board's discretion and further Board action, including withholding scheme launch permission, for delays beyond the extended period.

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