SEBI Advisory Committee on MF - meeting held on 28/5/2002

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....mmittee on Mutual Funds, in its meeting held on May 28,2002 has made certain recommendations. After examining these recommendations, it has been decided that all mutual funds shall take steps to implement the following guidelines. 1.    Transactions of mutual funds in Government Securities in dematerialised form     As you are aware, according to Regulation 44(1....

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.... to the old investors. In case the amount is not substantial or it is realised after two years, it may be transferred to the Investor Education Fund maintained by each mutual fund as specified in SEBI circular MFD/CIR/9/120/2000 dated November 24, 2000. The decision as to the determination of substantial amount shall be taken by the trustees of mutual funds after considering the relevant factors. ....