Regulation 5E - Disclosures by certain persons - Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015

1 [Disclosures by certain persons 5E. (1) An asset management company shall, on such date as may be specified by the Board and on a quarterly basis thereafter, disclose the details of holdings in the units of its mutual fund schemes, on an aggregated basis, held by the Designated Persons of asset management company, trustees and their immediate relatives on the platform of Stock Exchanges or in any other manner as may be specified by the Board. (2) Details of all the transactions in the units of its own mutual funds, above such thresholds as may be specified by the Board, executed by the Designated Persons of asset management company, trustees and their immediate relatives shall be reported by the concerned person to the Compliance Officer of asset management company within two business days from the date of transaction: Provided that with respect to systematic transactions through any mutual fund scheme, Designated Persons may report the same only at the time of making the first installment of the transaction along with the period of such transaction and on modifications thereof, if any: Provided further that no reporting is required if such transaction was pursuant to a. subscription/investment in the mutual fund units pursuant to mandatory requirement specified by Board for Alignment of interest of Key Employees ('Designated Employees') of Asset Management Companies with the Unitholders of the mutual fund Schemes or otherwise, where separate records are maintained by the Asset management company in this regard. Such transactions may be governed by Circulars/guidelines issued by the Board from time to time; b. Any trading in overnight schemes, Index funds and Exchange Traded Funds. (3) Transactions mentioned in sub-regulation (2), shall be disclosed by the asset management company on Stock Exchange or any other manner as may be specified by the Board within two business days of receipt of the same. (4) The above disclosures shall be made in such form and such manner as may be specified by the Board from time to time. ] ************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2022/108 dated 24-11-2022 w.e.f. 01-11-2024