Portfolio Managers must accept initial lump-sum investments meeting the Rs.5 lakh minimum and provide three-year performance disclosure. Portfolio managers must ensure the first single lump-sum investment from a client meets the minimum investment requirement under Regulation 15(1A) and must disclose portfolio performance by investment category for the past three years in the prescribed format per Regulation 14(2)(b)(iv), provide the disclosure document to clients at least two days before agreement signing, publish the latest disclosure document where possible, and refrain from organizing or marketing portfolios as mutual-fund style 'schemes.'
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.
Portfolio Managers must accept initial lump-sum investments meeting the Rs.5 lakh minimum and provide three-year performance disclosure.
Portfolio managers must ensure the first single lump-sum investment from a client meets the minimum investment requirement under Regulation 15(1A) and must disclose portfolio performance by investment category for the past three years in the prescribed format per Regulation 14(2)(b)(iv), provide the disclosure document to clients at least two days before agreement signing, publish the latest disclosure document where possible, and refrain from organizing or marketing portfolios as mutual-fund style "schemes."
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