Timelines for Rebalancing of Portfolios of Mutual Fund Schemes

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....India (AMFI) Sir/ Madam, Subject: Timelines for Rebalancing of Portfolios of Mutual Fund Schemes 1. In order to bring uniformity across Mutual Funds with respect to timelines for rebalancing of portfolio, the following has been decided: a. In the event of deviation from mandated asset allocation mentioned in the Scheme Information Document (SID) due to passive breaches (occurrenc....

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.... portfolio of schemes is not rebalanced within the aforementioned mandated plus extended timelines, AMCs shall: i. not be permitted to launch any new scheme till the time the portfolio is rebalanced. ii. not to levy exit load, if any, on the investors exiting such scheme(s). d. Reporting and Disclosure Requirements: i. AMCs to report the deviation to Truste....