Just a moment...

⚠✕
Report
FeedbackReport
Bars
Logo TaxTMI
>
×

By creating an account you can:

Feedback/Report an Error ✕
Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS
PrevPreviousNextNext

SEBI Enhances Digital Onboarding and Transparency for Portfolio Managers with New Fee Disclosure Rules Effective 2024.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....SEBI issued a circular to Portfolio Managers regarding digital on-boarding and transparency enhancements. Changes include digital on-boarding process simplification, fee calculation tool provision, additional fee disclosures, and MITC document requirement. Clients must understand fees and charges structure, with modifications effective from October 01, 2024. APMI to specify standard procedures. No extra fees beyond agreement terms allowed. Circular effective October 01, 2024, u/s 11(1) of SEBI Act, 1992, u/r 43 of SEBI Regulations, 2020. APMI to issue standard procedures by July 31, 2024.....

PrevPreviousNextNext