Dividend distribution applicability clarified - rules apply to all mutual fund schemes declaring dividends, regardless of launch date. The dividend distribution guidelines apply to all mutual fund schemes and plans that intend to declare a dividend, irrespective of their launch date, and all other provisions of the earlier guidelines remain unchanged; the circular reiterates the regulator's exercise of powers to protect investor interests and regulate the securities market.
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Provisions expressly mentioned in the judgment/order text.
Dividend distribution applicability clarified - rules apply to all mutual fund schemes declaring dividends, regardless of launch date.
The dividend distribution guidelines apply to all mutual fund schemes and plans that intend to declare a dividend, irrespective of their launch date, and all other provisions of the earlier guidelines remain unchanged; the circular reiterates the regulator's exercise of powers to protect investor interests and regulate the securities market.
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