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    <title>Guidelines for votes cast by Mutual Funds</title>
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    <description>Mutual funds must compulsorily cast votes on specified corporate governance matters and related party transactions; thereafter, voting on all other resolutions will also be compulsory from the specified later date. Funds with no economic interest on the record date may be exempted. Voting should be at the mutual fund level except where scheme-level voting is justified with a recorded rationale. Fund managers must provide quarterly declarations to trustees that votes were cast in unitholders&#039; best interests, and trustees must confirm this in their half-yearly report to the regulator.</description>
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    <pubDate>Fri, 05 Mar 2021 00:00:00 +0530</pubDate>
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      <title>Guidelines for votes cast by Mutual Funds</title>
      <link>https://www.taxtmi.com/circulars?id=64719</link>
      <description>Mutual funds must compulsorily cast votes on specified corporate governance matters and related party transactions; thereafter, voting on all other resolutions will also be compulsory from the specified later date. Funds with no economic interest on the record date may be exempted. Voting should be at the mutual fund level except where scheme-level voting is justified with a recorded rationale. Fund managers must provide quarterly declarations to trustees that votes were cast in unitholders&#039; best interests, and trustees must confirm this in their half-yearly report to the regulator.</description>
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      <pubDate>Fri, 05 Mar 2021 00:00:00 +0530</pubDate>
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