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    <title>Financial year</title>
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    <description>Regulation 51 fixes the financial year for all mutual fund schemes as ending on March 31, and provides that for a new scheme launched during that financial year the disclosure and reporting requirements apply for the period from its commencement until the March 31 year end.</description>
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      <description>Regulation 51 fixes the financial year for all mutual fund schemes as ending on March 31, and provides that for a new scheme launched during that financial year the disclosure and reporting requirements apply for the period from its commencement until the March 31 year end.</description>
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