https://www.taxtmi.com/circulars?id=59195 Mutual funds must not charge or amortize initial issue expenses for new schemes; sales, marketing and distribution expenses must instead be borne from the entry load. The change applies prospectively to schemes launched after the circular and will be incorporated into subsequent amendments to the mutual fund regulations, implemented under SEBI's investor protection and market regulation powers. en-us Thu, 31 Jan 2008 00:00:00 +0530 Fri, 18 Jan 2019 15:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59195 Mutual funds must not charge or amortize initial issue expenses for new schemes; sales, marketing and distribution expenses must instead be borne from the entry load. The change applies prospectively to schemes launched after the circular and will be incorporated into subsequent amendments to the mutual fund regulations, implemented under SEBI's investor protection and market regulation powers. Circulars SEBI Thu, 31 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59195