https://www.taxtmi.com/circulars?id=58537 Merger of mutual fund schemes is not a change in the fundamental attributes of the surviving scheme if the surviving scheme's fundamental attributes remain unchanged and the mutual fund demonstrates that the merger is justified and that unitholders' interests are not adversely affected; board and trustee approvals are required, the proposal must be filed with SEBI, SEBI will communicate observations within the prescribed timeframe, and the letter to unitholders may be issued only after incorporation of SEBI's final observations and filing of final copies. en-us Fri, 22 Oct 2010 00:00:00 +0530 Fri, 21 Dec 2018 10:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58537 Merger of mutual fund schemes is not a change in the fundamental attributes of the surviving scheme if the surviving scheme's fundamental attributes remain unchanged and the mutual fund demonstrates that the merger is justified and that unitholders' interests are not adversely affected; board and trustee approvals are required, the proposal must be filed with SEBI, SEBI will communicate observations within the prescribed timeframe, and the letter to unitholders may be issued only after incorporation of SEBI's final observations and filing of final copies. Circulars SEBI Fri, 22 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58537