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Mailing of mutual fund annual reports replaces newspaper publication; funds must mail abridged reports and display them online. Regulation 56 is amended to substitute 'Mailing' for 'Publication,' removing the requirement to publish scheme-wise annual reports or abridged reports in newspapers; mutual funds must mail the annual report or an abridged summary to each unitholder and display scheme-wise annual reports on their websites linked to the industry portal. The amendment also deletes the proviso that full portfolio disclosure is unnecessary if full accounts are published in newspapers and updates cross-references to mailing of abridged summaries.
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Mailing of mutual fund annual reports replaces newspaper publication; funds must mail abridged reports and display them online.
Regulation 56 is amended to substitute "Mailing" for "Publication," removing the requirement to publish scheme-wise annual reports or abridged reports in newspapers; mutual funds must mail the annual report or an abridged summary to each unitholder and display scheme-wise annual reports on their websites linked to the industry portal. The amendment also deletes the proviso that full portfolio disclosure is unnecessary if full accounts are published in newspapers and updates cross-references to mailing of abridged summaries.
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