Initial offer period reduction and prescribed portfolio disclosure accelerate investor information and unclaimed funds rules. SEBI mandates operational and disclosure measures for mutual funds: reduction of the initial offer period for open ended schemes and expedited dispatch of account statements; a prescribed half yearly portfolio disclosure format with marks for NPAs and illiquid securities and specified footnotes; rules for investment, claimant treatment and management fee cap on unclaimed redemption/dividend amounts with disclosure requirements; limitations on scheme chargeable expenses and required disclosure of significant expense items; and committee based approval for unrated debt investments subject to preapproved parameters and trustee reporting.
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.
Initial offer period reduction and prescribed portfolio disclosure accelerate investor information and unclaimed funds rules.
SEBI mandates operational and disclosure measures for mutual funds: reduction of the initial offer period for open ended schemes and expedited dispatch of account statements; a prescribed half yearly portfolio disclosure format with marks for NPAs and illiquid securities and specified footnotes; rules for investment, claimant treatment and management fee cap on unclaimed redemption/dividend amounts with disclosure requirements; limitations on scheme chargeable expenses and required disclosure of significant expense items; and committee based approval for unrated debt investments subject to preapproved parameters and trustee reporting.
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