TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>New Guidelines for Inter Scheme Transfers in Mutual Funds: Align with Objectives, Manage Risks, Effective January 1, 2021.</h1> The circular outlines guidelines for Inter Scheme Transfers (ISTs) of securities within mutual funds, ensuring they align with investment objectives and market conditions. For closed-ended schemes, ISTs are permitted within three days post-allotment of new funds. For open-ended schemes, ISTs are allowed to address liquidity needs or rebalance duration, issuer, sector, or group concentrations. Safeguards include a liquidity risk management model, compliance checks, and restrictions on transfers if negative news affects a security. Documentation and justification are required for ISTs, especially if securities are downgraded post-transfer. These guidelines take effect from January 1, 2021.
TaxTMI 
TaxTMI 
