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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>SEBI Sets 6-Month Deadline for Launching Mutual Fund Schemes Post Final Observations Under Regulation 77.</h1> The Securities and Exchange Board of India (SEBI) mandates that mutual fund schemes must be launched within six months from the date SEBI provides final observations on the offer documents. If an Asset Management Company (AMC) plans to launch a scheme after this period, a new offer document with filing fees must be submitted. Additionally, mutual funds must respond to SEBI's preliminary observations on draft offer documents within six months. If this timeframe lapses, fresh documents and fees are required. These guidelines apply to all schemes receiving SEBI's preliminary or final observations, as per Regulation 77 of the SEBI (Mutual Funds) Regulations, 1996.
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