https://www.taxtmi.com/circulars?id=59174 Mutual fund AMCs are directed not to levy entry or exit load on bonus units and on units allotted on reinvestment of dividend; AMCs must disclose this non-levy in draft offer documents filed with the regulator. The no-load requirement applies to redemptions by existing unitholders from the regulator's effective date, and AMCs must issue addenda to scheme documents to implement the change, under the regulator's statutory investor protection and market-regulation powers. en-us Tue, 18 Mar 2008 00:00:00 +0530 Fri, 18 Jan 2019 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59174 Mutual fund AMCs are directed not to levy entry or exit load on bonus units and on units allotted on reinvestment of dividend; AMCs must disclose this non-levy in draft offer documents filed with the regulator. The no-load requirement applies to redemptions by existing unitholders from the regulator's effective date, and AMCs must issue addenda to scheme documents to implement the change, under the regulator's statutory investor protection and market-regulation powers. Circulars SEBI Tue, 18 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59174