https://www.taxtmi.com/acts?id=52929 Regulation 63 requires Mutual Fund Lite asset management companies to establish robust governance, operational and compliance systems before launching schemes, including back office, audit, compliance officer, registrars and appointed fund managers with submitted bio data. The CEO, fund managers and dealers must follow prescribed Codes of Conduct with periodic self certification; the compliance officer must report non compliance. The board must manage overall risk, monitor conflicts of interest, enforce brokerage concentration limits with written justifications and quarterly trustee reports, ensure proper valuation and disclosures, maintain whistleblower protections and a Unit Holder Protection Committee, and report annually to the Board. en-us Fri, 16 Jan 2026 17:04:39 +0530 Sat, 17 Jan 2026 13:37:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52929 Regulation 63 requires Mutual Fund Lite asset management companies to establish robust governance, operational and compliance systems before launching schemes, including back office, audit, compliance officer, registrars and appointed fund managers with submitted bio data. The CEO, fund managers and dealers must follow prescribed Codes of Conduct with periodic self certification; the compliance officer must report non compliance. The board must manage overall risk, monitor conflicts of interest, enforce brokerage concentration limits with written justifications and quarterly trustee reports, ensure proper valuation and disclosures, maintain whistleblower protections and a Unit Holder Protection Committee, and report annually to the Board. Act-Rules SEBI Fri, 16 Jan 2026 17:04:39 +0530 https://www.taxtmi.com/acts?id=52929