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 annual reports must disclose scheme wise NAV, investment valuations, related party payments, and auditor opinions. Annual mutual fund reports must include a trustee report on operations and outlook, scheme wise Balance Sheet and Revenue Account prepared under prescribed accounting policies showing per unit NAV, detailed investment valuations by type and listing status, below investment grade classification, industry concentration, movement in unit capital, related party service payments, purchases and sales metrics, provisions treated as deductions from assets, contingent liabilities, segregated inter scheme transfer profits, and an auditor's report opining on true and fair view and agreement with books.
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 annual reports must disclose scheme wise NAV, investment valuations, related party payments, and auditor opinions.
Annual mutual fund reports must include a trustee report on operations and outlook, scheme wise Balance Sheet and Revenue Account prepared under prescribed accounting policies showing per unit NAV, detailed investment valuations by type and listing status, below investment grade classification, industry concentration, movement in unit capital, related party service payments, purchases and sales metrics, provisions treated as deductions from assets, contingent liabilities, segregated inter scheme transfer profits, and an auditor's report opining on true and fair view and agreement with books.
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