https://www.taxtmi.com/highlights?id=84239 SEBI has modified the requirement for AMCs to upload draft Scheme Information Documents (SIDs) on SEBI's website. Previously, draft SIDs had to be uploaded for 21 working days to receive public comments. Now, SIDs on which SEBI has issued observations must be uploaded for at least 8 working days for public comments. After this, AMCs can launch the scheme and file final offer documents as per existing regulations. The relevant clauses in SEBI's Master Circular on Mutual Funds have been amended accordingly. This change streamlines the process for launching new mutual fund schemes. en-us Mon, 23 Dec 2024 19:59:40 +0530 Mon, 23 Dec 2024 19:59:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=84239 SEBI has modified the requirement for AMCs to upload draft Scheme Information Documents (SIDs) on SEBI's website. Previously, draft SIDs had to be uploaded for 21 working days to receive public comments. Now, SIDs on which SEBI has issued observations must be uploaded for at least 8 working days for public comments. After this, AMCs can launch the scheme and file final offer documents as per existing regulations. The relevant clauses in SEBI's Master Circular on Mutual Funds have been amended accordingly. This change streamlines the process for launching new mutual fund schemes. Highlights SEBI Mon, 23 Dec 2024 19:59:40 +0530 https://www.taxtmi.com/highlights?id=84239