Chapter VIII - NET ASSET VALUE AND TIMELINES FOR ALLOTMENT OF MUTUAL FUND UNITS AND PAYMENT OF INVESTMENT PROCEEDS (From Regulation 43 to Regulation 46)
Mutual fund registration can be converted to mutual fund lite by surrendering the existing registration under prescribed conditions. An existing mutual fund may surrender its current registration to migrate as a mutual fund lite and operate solely by launching mutual fund lite schemes, provided it complies with the conditions and the manner prescribed by the Board for such surrender and migration.
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 registration can be converted to mutual fund lite by surrendering the existing registration under prescribed conditions.
An existing mutual fund may surrender its current registration to migrate as a mutual fund lite and operate solely by launching mutual fund lite schemes, provided it complies with the conditions and the manner prescribed by the Board for such surrender and migration.
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