https://www.taxtmi.com/acts?id=52930 Mutual fund lite asset management companies may not act as trustees and are limited to advisory services for passive pooled investments, directly or through subsidiaries, provided they ensure no material conflict of interest, disclose absence or source of any conflict to trustees and unit holders in scheme documents, disclose potential material risk or damage where conflicts are unavoidable, and secure independence of key personnel by removing direct links between remuneration and revenues from the conflicted activity. en-us Fri, 16 Jan 2026 17:05:25 +0530 Fri, 16 Jan 2026 17:05:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=52930 Mutual fund lite asset management companies may not act as trustees and are limited to advisory services for passive pooled investments, directly or through subsidiaries, provided they ensure no material conflict of interest, disclose absence or source of any conflict to trustees and unit holders in scheme documents, disclose potential material risk or damage where conflicts are unavoidable, and secure independence of key personnel by removing direct links between remuneration and revenues from the conflicted activity. Act-Rules SEBI Fri, 16 Jan 2026 17:05:25 +0530 https://www.taxtmi.com/acts?id=52930