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    <title>Securities And Exchange Board Of India (Mutual Funds) (Amendment) Regulations, 2000.</title>
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    <description>Where an asset management company fails to despatch redemption or repurchase proceeds within the prescribed period it must pay interest to unit holders at a Board-specified rate for the period of delay, and may additionally be liable to a penalty for such failure. Mutual funds must, within one month after each half-year end, send unit holders a complete statement of scheme portfolio unless the statement is published as an advertisement in a national English newspaper and a regional newspaper where the fund&#039;s head office is located.</description>
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      <description>Where an asset management company fails to despatch redemption or repurchase proceeds within the prescribed period it must pay interest to unit holders at a Board-specified rate for the period of delay, and may additionally be liable to a penalty for such failure. Mutual funds must, within one month after each half-year end, send unit holders a complete statement of scheme portfolio unless the statement is published as an advertisement in a national English newspaper and a regional newspaper where the fund&#039;s head office is located.</description>
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