Digital filing of mutual fund offer documents required, with a minimum subscription window for new fund offers and an effective compliance date. AMCs must file final offer documents (final SID and final KIM) only in digital form by emailing them to the designated filing address at least two working days prior to scheme launch, eliminating the requirement to file physical copies. All new fund offers must remain open for subscription for a minimum period of three working days; other prior provisions remain unchanged and the modifications take effect from May 01, 2023 under the regulator's statutory powers to protect investors.
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Provisions expressly mentioned in the judgment/order text.
Digital filing of mutual fund offer documents required, with a minimum subscription window for new fund offers and an effective compliance date.
AMCs must file final offer documents (final SID and final KIM) only in digital form by emailing them to the designated filing address at least two working days prior to scheme launch, eliminating the requirement to file physical copies. All new fund offers must remain open for subscription for a minimum period of three working days; other prior provisions remain unchanged and the modifications take effect from May 01, 2023 under the regulator's statutory powers to protect investors.
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