https://www.taxtmi.com/circulars?id=58548 Mutual funds must disclose brokerage and commission paid to sponsors and related parties in a prescribed format; ASBA is extended as an additional payment mode for NFOs, NFO period is reduced to 15 days with investment of proceeds only after NFO closure and allotment/refund/statement dispatch within five business days; Unit Premium Reserve cannot be used for dividend distribution and AMCs must disclose voting policies and proxy votes, must not charge additional management fees on no-load schemes, and Fund of Funds AMCs may not enter into revenue sharing with underlying funds. en-us Mon, 15 Mar 2010 00:00:00 +0530 Fri, 21 Dec 2018 11:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58548 Mutual funds must disclose brokerage and commission paid to sponsors and related parties in a prescribed format; ASBA is extended as an additional payment mode for NFOs, NFO period is reduced to 15 days with investment of proceeds only after NFO closure and allotment/refund/statement dispatch within five business days; Unit Premium Reserve cannot be used for dividend distribution and AMCs must disclose voting policies and proxy votes, must not charge additional management fees on no-load schemes, and Fund of Funds AMCs may not enter into revenue sharing with underlying funds. Circulars SEBI Mon, 15 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58548