Regulation 51 - Financial year - Securities and Exchange Board of India (Mutual Funds) Regulations, 1996

Financial year 51. The financial year for all the schemes shall end as of March 31st of each year; Provided that, for a new scheme commenced during a financial year, the disclosure and reporting requirements would apply for the period beginning from the date of its commencement and ending on March 31st of 1 [that financial] year. ************ NOTES:- 1 Substituted by the SEBI (Mutual Funds) (Amendment) Regulations, 1998, w.e.f. 12-1-1998, for the words the following .