https://www.taxtmi.com/circulars?id=58274 Regulatory amendments modify mutual fund prudential limits, expense treatment, valuation and disclosure. Sectoral exposure for debt schemes remains capped at 30% of net assets, with an additional up to 10% allowance solely for NHB-registered, AA-rated HFCs subject to an overall HFC exposure cap. Brokerage and transaction costs for trade execution may be capitalised within prescribed per-transaction caps and otherwise charged only within the TER; excess costs must be borne by the AMC, trustee or sponsor. NAV must be calculated and published daily; half-yearly unaudited results must be hosted and advertised; and exit loads charged after commencement must be credited to the scheme. en-us Mon, 19 Nov 2012 00:00:00 +0530 Fri, 14 Dec 2018 14:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58274 Regulatory amendments modify mutual fund prudential limits, expense treatment, valuation and disclosure. Sectoral exposure for debt schemes remains capped at 30% of net assets, with an additional up to 10% allowance solely for NHB-registered, AA-rated HFCs subject to an overall HFC exposure cap. Brokerage and transaction costs for trade execution may be capitalised within prescribed per-transaction caps and otherwise charged only within the TER; excess costs must be borne by the AMC, trustee or sponsor. NAV must be calculated and published daily; half-yearly unaudited results must be hosted and advertised; and exit loads charged after commencement must be credited to the scheme. Circulars SEBI Mon, 19 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58274