9911796707
TMI BlogStatement of accounts or unit certificatesX X X X Extracts X X X X X X X X Extracts X X X X ..... ication. ] 9 [ **** ] 10 [ (3) The asset management company shall issue units in dematerialized form to a unit holder in a scheme within two working days of the receipt of request from the unit holder. ] ] 7 [(4) The asset management company shall ensure that consolidated account statement for each calendar month is issued, 11 [ as per the timeline specified by the Board from time to time ] , detailing all the transactions and holding at the end of the month including transaction charges paid to the distributor, across all schemes of all mutual funds, to all the investors in whose folios transaction has taken place during that month: Provided that the asset management company shall ensure that a consolidated account statement every half yea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... receipt of request for the certificate. [*Substituted for the words subscription list by the SEBI (Mutual Funds) (Amendment) Regulations, 1998, w.e.f. 12-1-1998] 2 Substituted for thirty days by the SEBI (Mutual Funds) (Amendment) Regulations, 2010, w.e.f. 29-7-2010. 3 Substituted for thirty days , ibid. 4 Inserted by the SEBI (Mutual Funds) (Second Amendment) Regulations, 2013 w.e.f. 19-6-2013 5 Substituted for thirty days , ibid. 6 Inserted by the SEBI (Mutual Funds) (Second Amendment) Regulations, 2013 w.e.f. 19-6-2013 7 Inserted by the SEBI (Mutual Funds) (Third Amendment) Regulations, 2011, w.e.f. 30-8-2011. 8. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/08 dated 04-02-2021 w.e.f. 30th day from the date of their publication ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... from the date of closure of the initial subscription list: 6 [Provided that in case of mutual fund schemes eligible under Rajiv Gandhi Equity Savings Scheme, the period specified in this sub-regulation shall be fifteen days from the closure of the initial subscription list.] 10. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/08 dated 04-02-2021 w.e.f. 30th day from the date of their publication in the Official Gazette, that is 04-02-2021 before it was read as (3) The asset management company shall issue units in dematerialized form to a unitholder in a close ended scheme listed on a recognised stock exchange within two working days of the receipt of request from the unitholder. 11. Substituted vide Notification No. SEBI/LAD-NRO/GN/ ..... X X X X Extracts X X X X X X X X Extracts X X X X
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