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    <title>Norms for shareholding</title>
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    <description>Regulation 82 permits sponsors to obtain separate registrations for a mutual fund and a mutual fund lite and to transfer qualifying passive schemes to a mutual fund lite within the sponsor&#039;s group subject to Board-prescribed conditions, with the transferor mutual fund barred from launching such qualifying passive schemes thereafter; it also allows comparable shareholding migration by significant shareholders into mutual fund lite asset management companies within the same sponsor group, and permits migration of an existing mutual fund to a mutual fund lite by surrendering registration under Board-specified procedures.</description>
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      <description>Regulation 82 permits sponsors to obtain separate registrations for a mutual fund and a mutual fund lite and to transfer qualifying passive schemes to a mutual fund lite within the sponsor&#039;s group subject to Board-prescribed conditions, with the transferor mutual fund barred from launching such qualifying passive schemes thereafter; it also allows comparable shareholding migration by significant shareholders into mutual fund lite asset management companies within the same sponsor group, and permits migration of an existing mutual fund to a mutual fund lite by surrendering registration under Board-specified procedures.</description>
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      <pubDate>Tue, 17 Dec 2024 13:26:10 +0530</pubDate>
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