https://www.taxtmi.com/circulars?id=59182 SEBI mandates a revised New Scheme Report format for mutual funds reflecting waiver of load for direct applicants and removal of initial issue expense. The format requires detailed disclosures: scheme identification, subscription and allotment data distinguishing direct and broker channels, NFO expenses and entry load, unit holding pattern by investor category, communication to unitholders on large holdings, distribution schedule for concentrated holdings, state-wise geographical dispersion, top ten agents/distributors by commission and mobilization, and compliance officer certification. The circular is issued under Section 11(1) of the SEBI Act read with Regulation 77. en-us Fri, 29 Feb 2008 00:00:00 +0530 Fri, 18 Jan 2019 12:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59182 SEBI mandates a revised New Scheme Report format for mutual funds reflecting waiver of load for direct applicants and removal of initial issue expense. The format requires detailed disclosures: scheme identification, subscription and allotment data distinguishing direct and broker channels, NFO expenses and entry load, unit holding pattern by investor category, communication to unitholders on large holdings, distribution schedule for concentrated holdings, state-wise geographical dispersion, top ten agents/distributors by commission and mobilization, and compliance officer certification. The circular is issued under Section 11(1) of the SEBI Act read with Regulation 77. Circulars SEBI Fri, 29 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59182