https://www.taxtmi.com/circulars?id=57832 Mutual funds must classify open-ended schemes into standardized groups (Equity, Debt, Hybrid, Solution Oriented, Other) with uniform descriptive types and specified asset-allocation or strategy thresholds; solution oriented schemes carry mandated lock-ins. SEBI defines large, mid and small cap by ranked full market capitalization and requires AMFI to publish a semi annual stock list that funds must use and rebalance to within one month. Only one scheme per category is permitted subject to limited exceptions; AMCs must submit reclassification proposals with trustee approval and implement mergers, wind-ups or fundamental attribute changes within prescribed compliance timelines. en-us Fri, 06 Oct 2017 00:00:00 +0530 Fri, 11 Sep 2020 17:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=57832 Mutual funds must classify open-ended schemes into standardized groups (Equity, Debt, Hybrid, Solution Oriented, Other) with uniform descriptive types and specified asset-allocation or strategy thresholds; solution oriented schemes carry mandated lock-ins. SEBI defines large, mid and small cap by ranked full market capitalization and requires AMFI to publish a semi annual stock list that funds must use and rebalance to within one month. Only one scheme per category is permitted subject to limited exceptions; AMCs must submit reclassification proposals with trustee approval and implement mergers, wind-ups or fundamental attribute changes within prescribed compliance timelines. Circulars SEBI Fri, 06 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=57832