https://www.taxtmi.com/acts?id=56712 Portfolio managers must provide periodic client reports at intervals not exceeding three months and whenever requested. Reports must disclose portfolio composition and value, transactions, beneficial interests, management expenses, foreseeable investment risks, debt-security payment defaults or default-rating downgrades, and distributor commissions attributable to the client. Client-specific reports may be provided through restricted website access. On termination, portfolio managers must give a detailed statement of accounts and settle the account under the contract; clients retain the right to obtain portfolio details. en-us Wed, 14 Oct 2026 15:54:10 +0530 Wed, 14 Oct 2026 15:54:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=56712 Portfolio managers must provide periodic client reports at intervals not exceeding three months and whenever requested. Reports must disclose portfolio composition and value, transactions, beneficial interests, management expenses, foreseeable investment risks, debt-security payment defaults or default-rating downgrades, and distributor commissions attributable to the client. Client-specific reports may be provided through restricted website access. On termination, portfolio managers must give a detailed statement of accounts and settle the account under the contract; clients retain the right to obtain portfolio details. Act-Rules SEBI Wed, 14 Oct 2026 15:54:10 +0530 https://www.taxtmi.com/acts?id=56712