Mutual funds: SEBI's master circular mandates offer document formats, governance, NAV rules, valuation and disclosure regimes. The Circular compiles SEBI's operative circulars for mutual funds effective to March 31, 2012, prescribing mandatory formats, filing and update timelines for SID/SAI/KIM, governance and risk-management requirements (audit/valuation committees, systems audit), detailed disclosure and reporting regimes (half-yearly portfolios, NAV publication, CTRs, MCRs), uniform NAV cut-off and time-stamping rules, valuation methodologies for traded/non-traded securities including benchmark and spread matrices, investment restrictions and procedures for conversion/merger/additional plans, and product-specific rules for Fund of Funds, Gold ETFs, capital-protection and foreign investor investment routes.
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 funds: SEBI's master circular mandates offer document formats, governance, NAV rules, valuation and disclosure regimes.
The Circular compiles SEBI's operative circulars for mutual funds effective to March 31, 2012, prescribing mandatory formats, filing and update timelines for SID/SAI/KIM, governance and risk-management requirements (audit/valuation committees, systems audit), detailed disclosure and reporting regimes (half-yearly portfolios, NAV publication, CTRs, MCRs), uniform NAV cut-off and time-stamping rules, valuation methodologies for traded/non-traded securities including benchmark and spread matrices, investment restrictions and procedures for conversion/merger/additional plans, and product-specific rules for Fund of Funds, Gold ETFs, capital-protection and foreign investor investment routes.
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