Disclosure of investor complaints with respect to Mutual Funds

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.... Associations to improve transparency in the 'grievance redressal mechanism'. Based on the same, transparency in 'grievance redressal' is identified as a key area to augment investor protection. It is envisaged that transparency will also improve the general functioning of the market by providing investors the wherewithal to make an informed choice. 2. Accordingly, it has been decided that Mutual....

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....1) of the Securities and Exchange Board of India Act, 1992, read with the provisions of Regulation 77 of the SEBI (Mutual Funds) Regulations, 1996, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. Yours faithfully, S. Ravindran Chief General Manager Tel no. 022-26449340 [email protected] Encl: as above AN....

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....Wrong switch between Schemes III B Unauthorized switch between Schemes III C Deviation from Scheme attributes III D Wrong or excess charges/load III E Non updation of changes viz. address, PAN, bank details, nomination, etc IV Others TOTAL # including against its authorized persons/ distributors/ employees. etc. *Non actionable means the complaint that are incomplete / outside the sc....