Mutual fund disclosure rules: amendment shifts from publication to mailing and revises portfolio disclosure requirements. Amendment substitutes Mailing for 'Publication' in regulation 56, omits the requirement to publish through advertisement and an abridged scheme wise annual report, deletes the proviso exempting full portfolio disclosure when full accounts are published in newspapers, and replaces the reference to publication in summary form with a requirement that information be mailed in abridged summary form as per sub regulation (1).
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Mutual fund disclosure rules: amendment shifts from publication to mailing and revises portfolio disclosure requirements.
Amendment substitutes Mailing for "Publication" in regulation 56, omits the requirement to publish through advertisement and an abridged scheme wise annual report, deletes the proviso exempting full portfolio disclosure when full accounts are published in newspapers, and replaces the reference to publication in summary form with a requirement that information be mailed in abridged summary form as per sub regulation (1).
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