Securities And Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2010

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....ia (Mutual Funds) (Amendment) Regulations, 2010. 2. They shall come into force on the date of their publication in the Official Gazette. 3. In the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 - (i) in regulation 34, for the figure and word "45 days" the words "fifteen days" shall be substituted; (ii) in regulation 35, - (a) in sub-regulation (3), for the words "six weeks", the words "five working days" shall be substituted; (b) in sub-regulation (4), for the words "six weeks", the words "five working days" shall be substituted. (iii) in regulation 36, - (a) in sub-regulation (1), for the words "thirty days", the words "five working days" shall be substituted; (b) in the proviso to sub-regulation (1), for ....

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....n case of an index fund scheme or exchange traded fund, the total expenses of the scheme including the investment and advisory fees shall not exceed one and one half percent (1.5%) of the weekly average net assets; (c) in case of any other scheme- (i) on the first ₹ 100 crores of the daily or average weekly net assets 2.5%; (ii) on the next ₹ 300 crores of the daily or average weekly net assets 2.25%; (iii) on the next ₹ 300 crores of the daily or average weekly net assets 2.0%; (iv) on the balance of the assets 1.75%: Provided that in respect of a scheme investing in bonds such recurring expenses shall be lesser by at least 0.25% of the daily or weekly average net assets outstanding in each financial year." (....

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....diaries) (Amendment) Regulations, 2001 vide S.O. No.476(E). (i) on July 23, 2001 by the Securities and Exchange Board of India (Mutual Funds) (Second Amendment) Regulations, 2001 vide S.O. No.698(E). (j) on February 20, 2002 by the Securities and Exchange Board of India (Mutual Funds)(Amendment) Regulations, 2002 vide S.O. No.219 (E). (k) on June 11, 2002 by the Securities and Exchange Board of India (Mutual Funds) (Second Amendment) Regulations, 2002 vide S.O. No.625 (E). (l) on July 30, 2002 by the Securities and Exchange Board of India (Mutual Funds) (Third Amendment) Regulations, 2002 vide S.O. No.809(E). (m)on September 9, 2002 by the Securities and Exchange Board of India (Mutual Funds)(Fourth Amendment) Regulations, 2002 vide S.....