Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>SEBI Sets New Rules for Mutual Fund Portfolio Rebalancing: 30-Day Deadline with 60-Day Extension Possible.</h1> The Securities and Exchange Board of India (SEBI) issued guidelines for mutual funds regarding timelines for rebalancing portfolios in cases of passive breaches from the mandated asset allocation. For most schemes, rebalancing must occur within 30 business days, with a possible extension to 60 days upon Investment Committee approval. Failure to comply prohibits launching new schemes and levying exit loads. Asset Management Companies (AMCs) must report deviations to trustees and inform investors if the deviation exceeds 10% of the scheme's assets. These norms apply to main portfolios from July 1, 2022, under SEBI's regulatory authority.