Monthly cumulative reporting requirement mandates mutual funds to submit revised MCR format monthly to regulator. Mandates mutual funds to submit a Monthly Cumulative Report (MCR) in a prescribed format by scheme type, reporting number of schemes, funds mobilised, repurchases/redemptions, net inflow/outflow and cumulative net assets on a financial year cumulative basis. Requires electronic submission (fax/e mail) by the monthly cutoff with hard copies by hand/courier, and directs other statistical reports to be submitted only electronically.
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Provisions expressly mentioned in the judgment/order text.
Monthly cumulative reporting requirement mandates mutual funds to submit revised MCR format monthly to regulator.
Mandates mutual funds to submit a Monthly Cumulative Report (MCR) in a prescribed format by scheme type, reporting number of schemes, funds mobilised, repurchases/redemptions, net inflow/outflow and cumulative net assets on a financial year cumulative basis. Requires electronic submission (fax/e mail) by the monthly cutoff with hard copies by hand/courier, and directs other statistical reports to be submitted only electronically.
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