https://www.taxtmi.com/circulars?id=68163 AMCs must declare and adhere to achievable timelines for deployment of NFO proceeds per scheme asset allocation, deploy funds within the prescribed period from allotment, and, if unable to do so, place written reasons and mitigation efforts before the Investment Committee which may grant a single extension after examining root causes. Trustees shall monitor deployment; non-compliance leads to prohibition on fresh inflows into the scheme until deployment aligns with the SID, mandatory investor communication offering exit without exit load, and reporting of deviations. Distributor commission on switches into NFOs from schemes of the same AMC is to be limited to the lower commission of the two schemes, with further guidelines to follow. en-us Thu, 27 Feb 2025 00:00:00 +0530 Fri, 28 Feb 2025 09:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=68163 AMCs must declare and adhere to achievable timelines for deployment of NFO proceeds per scheme asset allocation, deploy funds within the prescribed period from allotment, and, if unable to do so, place written reasons and mitigation efforts before the Investment Committee which may grant a single extension after examining root causes. Trustees shall monitor deployment; non-compliance leads to prohibition on fresh inflows into the scheme until deployment aligns with the SID, mandatory investor communication offering exit without exit load, and reporting of deviations. Distributor commission on switches into NFOs from schemes of the same AMC is to be limited to the lower commission of the two schemes, with further guidelines to follow. Circulars SEBI Thu, 27 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/circulars?id=68163