SEBI defers disclosure requirement of AMCs by one month
Apr 29 2016
News Category: Industry Update
SEBI has deferred the deadline regarding disclosure of in-house investment of mutual fund houses in its schemes. Earlier, the market regulator, in a circular dated Mar 18, 2016, has asked AMCs to disclose the aggregate investment in the mutual fund schemes by the board of directors of the AMCs, fund managers, and other key managerial personnel of the fund house. The same was scheduled to be effective from May 1. In a letter to the Association of Mutual Funds in India (AMFI), SEBI has pushed back the deadline by a month.