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.... (Mutual funds) Regulations, 1996; (b) "connected person" shall mean: (i) any person who is or has during the two months prior to the concerned act been associated with the mutual fund, asset management company and trustees, directly or indirectly, in any capacity including by reason of frequent communication with its officers or by being in any contractual, fiduciary or employment r....

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.... Trustees; or (c) Board of Directors and key management personnel of sponsor of the mutual fund;or (d) Directors or employees of registrar and share transfer agents, custodians or valuation agencies of the mutual fund who have access or are reasonably expected to have access to unpublished price sensitive information relating to a mutual fund scheme or its units in the course of business opera....

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....pecified in section 12 of the Act or an employee or director thereof who have access or are reasonably expected to have access to unpublished price sensitive information relating to a mutual fund scheme or its units in the course of business operations; or (j) a banker of the mutual fund or asset management company; or (k) a concern, firm, trust, HUF, company or association of persons wherein ....

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....ed to the unitholders or a public notice needs to be made; (d) "insider" means any person who is: i. a connected person; or ii.in possession of or having access to unpublished price sensitive information pertaining to a scheme; (e) "systematic transactions" in the units of mutual fund are those transactions which are automatically triggered for execution on a periodic basis as instruc....