TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Enforces Transferability of Mutual Fund Units in Demat Form, Citing Regulation 37(1); ELSS Exempt During Lock-in.</h1> The circular addresses the transferability of mutual fund units, highlighting Regulation 37(1) of SEBI (Mutual Fund) Regulations, 1996, which allows units to be freely transferable unless specified otherwise. Observing that mutual fund schemes often prohibit transfers, SEBI mandates that Asset Management Companies (AMCs) issue an addendum by October 1, 2010, ensuring units held in demat form are transferable. Exceptions apply to Equity Linked Savings Schemes (ELSS) during their lock-in period. This directive is issued under the SEBI Act, 1992, to safeguard investor interests and regulate the securities market.
TaxTMI 
TaxTMI 
