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SEBI Extends Mutual Fund Quarterly Inspection Data Submission Deadline from 10 to 15 Days

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Full Text of the Document

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....SEBI has extended the timeline for submission of offsite inspection data by mutual funds from 10 to 15 calendar days from the end of each quarter. This modification to Clause 5.27.2 of the Master Circular for Mutual Funds dated June 27, 2024 was implemented following industry feedback to facilitate ease of business operations. The requirement for RTAs to submit data on an ongoing basis remains unchanged. The directive, issued under Section 11(1) of the SEBI Act, 1992 read with Regulations 58(1) and 77 of SEBI (Mutual Funds) Regulations, 1996, took immediate effect upon circular publication.....

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