https://www.taxtmi.com/circulars?id=61971 SEBI mandates operational and disclosure measures for mutual funds: reduction of the initial offer period for open ended schemes and expedited dispatch of account statements; a prescribed half yearly portfolio disclosure format with marks for NPAs and illiquid securities and specified footnotes; rules for investment, claimant treatment and management fee cap on unclaimed redemption/dividend amounts with disclosure requirements; limitations on scheme chargeable expenses and required disclosure of significant expense items; and committee based approval for unrated debt investments subject to preapproved parameters and trustee reporting. en-us Fri, 24 Nov 2000 00:00:00 +0530 Wed, 24 Jul 2019 13:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=61971 SEBI mandates operational and disclosure measures for mutual funds: reduction of the initial offer period for open ended schemes and expedited dispatch of account statements; a prescribed half yearly portfolio disclosure format with marks for NPAs and illiquid securities and specified footnotes; rules for investment, claimant treatment and management fee cap on unclaimed redemption/dividend amounts with disclosure requirements; limitations on scheme chargeable expenses and required disclosure of significant expense items; and committee based approval for unrated debt investments subject to preapproved parameters and trustee reporting. Circulars SEBI Fri, 24 Nov 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=61971