AMFI Guidelines for change of mutual fund distributor

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..... hange of mutual fund distributor It has come to the notice of SEBI that unwarranted hardship is being caused to investors in mutual fund schemes who wish to switch from an existing mutual fund distributor to either another mutual fund distributor or opt to deal direct. Some Asset Management Companies (AMCs) are insisting on the investor procuring a No Objection Certificate (NoC) from the .....

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..... requirements in letter and spirit. These guidelines are issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with the provisions of Regulation 77 of SEBI (Mutual Funds) Regulations, 1996. Yours faithfully, ASHA SHETTY - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management India .....

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