Mutual funds: regulator may appoint inspectors to examine books, systems, compliance, complaints, and unitholder interest. The Board may appoint inspecting officers to inspect books of account, records, documents, infrastructure, systems and procedures, or to investigate the ... Summary
Referred In :
Securities and Exchange Board of India (Mutual Funds) Regulations, 2026
Mutual funds: regulator may appoint inspectors to examine books, systems, compliance, complaints, and unitholder interest.
The Board may appoint inspecting officers to inspect books of account, records, documents, infrastructure, systems and procedures, or to investigate the affairs of a mutual fund, the trustees and the asset management company to verify prescribed maintenance of books, ascertain compliance with the Act and these regulations, assess adequacy of systems and safeguards, investigate investor or other complaints, and conduct suo motu examinations as to whether affairs are conducted in the interest of unitholders or the securities market.
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