https://www.taxtmi.com/circulars?id=65309 SEBI has reinstated a six month validity period for observation letters to launch New Fund Offers, reversing the temporary one year extension. Observation letters already issued under the extended one year regime remain valid for launch up to one year from their date. The change is effective immediately and is issued under SEBI's regulatory powers to protect investors and regulate mutual funds. en-us Wed, 22 Dec 2021 00:00:00 +0530 Wed, 22 Dec 2021 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=65309 SEBI has reinstated a six month validity period for observation letters to launch New Fund Offers, reversing the temporary one year extension. Observation letters already issued under the extended one year regime remain valid for launch up to one year from their date. The change is effective immediately and is issued under SEBI's regulatory powers to protect investors and regulate mutual funds. Circulars SEBI Wed, 22 Dec 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=65309