https://www.taxtmi.com/circulars?id=64718 The circular revises multiple MF circulars to cap cumulative gross exposure across equities, debt, derivatives, repos and other permitted assets to the net assets of the scheme; prescribes updated investment pattern disclosures with minimum/maximum allocations and defensive reallocation flexibility; replaces the procedure for change in control of AMCs with conditions including trustees' and board approvals, unitholder communication and a minimum 30 day exit option, undertakings by incoming sponsors/trustees and revision of offer documents; and mandates electronic filings, quarterly voting disclosures, revised reporting timelines, updated dividend and SID/KIM procedures, and treatment of NCPS as debt. en-us Thu, 04 Mar 2021 00:00:00 +0530 Fri, 05 Mar 2021 17:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64718 The circular revises multiple MF circulars to cap cumulative gross exposure across equities, debt, derivatives, repos and other permitted assets to the net assets of the scheme; prescribes updated investment pattern disclosures with minimum/maximum allocations and defensive reallocation flexibility; replaces the procedure for change in control of AMCs with conditions including trustees' and board approvals, unitholder communication and a minimum 30 day exit option, undertakings by incoming sponsors/trustees and revision of offer documents; and mandates electronic filings, quarterly voting disclosures, revised reporting timelines, updated dividend and SID/KIM procedures, and treatment of NCPS as debt. Circulars SEBI Thu, 04 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64718