Relaxation in compliance with requirements pertaining to Mutual Funds
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....unds in India (AMFI) Sir / Madam, Subject: Relaxation in compliance with requirements pertaining to Mutual Funds 1. In light of the recent market events pursuant to COVID 19, a need has been felt for temporary relaxations with respect to compliance requirements for Mutual Funds. Accordingly, SEBI has decided to grant the following relaxations specified in SEBI (Mutual Funds) R....
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....e of half year, i.e March 31, 2020. April 30, 2020 May 31, 2020 2 Disclosure of commission paid to distributors as required under Point 2 (a) of SEBI circular No. SEBI/HO/IMD/DF2/CIR/P/2016/42 dated March 18, 2016 Half yearly Within ten days from the half year end i.e March 31, 2020. ....
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....nbsp; least 20% of its net assets in liquid assets. April 1, 2020 May 1, 2020 2. Review of investment norms for mutual funds for investment in Debt and Money Market Instruments dated October 1, 2019 Existing open ended mutual....
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....et and debt securities shall be valued in terms of paragraph 1.1.2.2 of the Circular April 1, 2020 May 1, 2020 3. Further, in light of difficulties expressed by AMCs, the access control presently exercised in the AMC's dealing room including call recording of deals is temporarily relaxed subject to checks and balances including elect....
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