Timelines for Rebalancing of Portfolios of Mutual Fund Schemes

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..... adam, Subject: Timelines for Rebalancing of Portfolios of Mutual Fund Schemes 1. In order to bring uniformity across Mutual Funds with respect to timelines for rebalancing of portfolio, the following has been decided: a. In the event of deviation from mandated asset allocation mentioned in the Scheme Information Document (SID) due to passive breaches (occurrence of instances not arising .....

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..... ays from the date of completion of mandated rebalancing period. c. In case the portfolio of schemes is not rebalanced within the aforementioned mandated plus extended timelines, AMCs shall: i. not be permitted to launch any new scheme till the time the portfolio is rebalanced. ii. not to levy exit load, if any, on the investors exiting such scheme(s). d. Reporting and Disclosure Requi .....

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..... f mandated plus extended rebalancing timelines. 2. The above mentioned norms shall be applicable to main portfolio only and not to segregated portfolio(s), if any and shall be effective from July 01, 2022. 3. This circular is issued in exercise of the powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992 , read with the provision of Regulation 77 .....

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