Guidelines for votes cast by Mutual Funds

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....: Guidelines for votes cast by Mutual Funds SEBI, vide Circular no. SEBI/IMD/CIRNo18/198647/2010 dated March 15, 2010, CIR/IMD/DF/05/2014 dated March 24, 2014, SEBI/HO/IMD/DF2/CIR/P/2016/68 dated August 10, 2016 and CIR/CFD/CMD1/168/2019 dated December 24, 2019, has prescribed guidelines for votes cast by Mutual Funds. In order to further improve transparency as well as encourage Mutual Funds/A....

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....plans and other management compensation issues. d) Social and corporate responsibility issues. e) Appointment and Removal of Directors. f) Any other issue that may affect the interest of the shareholders in general and interest of the unit-holders in particular. ii. Related party transactions of the investee companies (excluding own group companies). For this pu....

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....of detailed rationale for the same. 5. Fund Managers/Decision makers shall submit a declaration on quarterly basis to the Trustees that the votes cast by them have not been influenced by any factor other than the best interest of the unit holders. Further, Trustees in their Half Yearly Trustee Report to SEBI, shall confirm the same. 6. This circular shall be applicable with effect from April....