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TMI BlogAmendments to SEBI (Mutual Funds) Regulations, 1996X X X X Extracts X X X X X X X X Extracts X X X X ..... D-NRO/GN/2011-12/27668 on Amendments to SEBI (Mutual Funds) Regulations, 1996 dated August 30, 2011 for your information and implementation. 2. Mailing of Annual Report or Abridged Summary: (i) Please refer to the SEBI Circular No. IMD/CIR No.8/132968/2008 dated July 24, 2008 on Abridged Schemewise Annual Report Format and periodic disclosures to the unitholders and proviso to Regulation 56 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mention that the scheme annual accounts or abridged summary would henceforth be sent to these email addresses and not as physical copies and the communication shall also have an option for the investors stating that those who still wish to receive the reports as physical copies may indicate as such. d. In case of any request from these unitholders as detailed above for physical copies notwiths ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and send confirmation regarding the same as soon as possible but not later than five working days from the date of closure of the initial subscription list and/or from the date of receipt of the request from the unitholders shall be issued. (ii) As per the newly inserted sub-regulation 4 of regulation 36 of SEBI (Mutual Funds) Regulations, 1996, AMCs shall ensure that consolidated account stat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... lations, 1996, AMCs shall issue consolidated account statement for each calendar month to the investors in whose folios transaction(s) has/have taken place during that month. (iv) The provisions of sub-regulation 4 of regulation 36 of SEBI (Mutual Funds) Regulations, 1996 regarding dispatching of consolidated account statement shall be applicable from October 1, 2011. (v) SEBI Circular No. I ..... X X X X Extracts X X X X X X X X Extracts X X X X
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