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of <h1>SEBI Updates New Scheme Report Format: Mutual Funds Must Submit Within 10 Days of Allotment.</h1> The circular from the Securities and Exchange Board of India (SEBI) addresses all mutual funds registered with SEBI, including the Unit Trust of India and the Association of Mutual Funds in India. It revises the format for submitting New Scheme Reports, which must now be submitted within 10 working days from the date of allotment. The revised format includes sections on scheme details, subscription and allotment details, unit holding patterns, distribution schedules, geographical dispersion, and details of top agents or distributors. The circular emphasizes compliance with SEBI (Mutual Funds) Regulations, 1996.
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