Filing fees for offer documents amended to scale with amount raised, subject to prescribed minimum and maximum limits. The amendment replaces the rule on Filing fees for offer documents, making fees a percentage of the amount raised in a new fund offer, subject to specified minimum and maximum monetary limits; and authorizes mutual funds to invest pending scheme funds in short-term deposits of scheduled commercial banks, subject to Board-specified guidelines.
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Filing fees for offer documents amended to scale with amount raised, subject to prescribed minimum and maximum limits.
The amendment replaces the rule on Filing fees for offer documents, making fees a percentage of the amount raised in a new fund offer, subject to specified minimum and maximum monetary limits; and authorizes mutual funds to invest pending scheme funds in short-term deposits of scheduled commercial banks, subject to Board-specified guidelines.
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