Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
SEBI - Highlights / Catch Notes

Home Highlights February 2025 Year 2025 This

SEBI has clarified provisions regarding Investor Education and ...


Mutual Funds Must Allocate 2 Basis Points of Daily Net Assets for Investor Education Under Section 11(1)

February 24, 2025

Circulars     SEBI

SEBI has clarified provisions regarding Investor Education and Awareness Initiatives under Chapter 10 of the Master Circular on Mutual Funds. AMCs must allocate minimum 2 basis points of daily net assets within total expense ratio limits for investor education initiatives. The clarification expands the scope to include financial inclusion initiatives subject to SEBI approval. The directive is issued under Section 11(1) of SEBI Act 1992 and Regulation 52 of MF Regulations 1996, aimed at investor protection and securities market development. The circular applies to all mutual funds, AMCs, trustee companies, and AMFI.

View Source

 


 

You may also like:

  1. Penalty levied u/ss 271(1)(c) and 271AAA for unexplained investment and addition made by adopting net profit as per the books of accounts at 12.85% on the suppressed...

  2. Deduction u/s 80P - CIT(A) has allocated the whole of the interest expenditure over the interest on FDRs and to the extent of interest attributable to FDRs placed with...

  3. The definition of "Specified Mutual Fund" u/s 50AA is proposed to be amended to provide clarity regarding the proportion of investment in debt and money market...

  4. The Collective Investment Scheme (CIS) operated through the Growpital platform prima facie violates provisions of the SEBI Act, CIS Regulations, and SEBI-PFUTP...

  5. SEBI issued a circular revising and revamping nomination facilities for demat accounts and mutual fund folios. Key points: Reiteration of Existing Norms: - Rule of...

  6. Capital gains taxation streamlined with short-term gains on certain financial assets attracting 20% tax and long-term gains on all assets attracting 12.5% tax. Exemption...

  7. SEBI issued a circular on June 10, 2024, regarding ease of investments. It allows existing investors to not submit 'Choice of Nomination' without freezing their Demat...

  8. Inclusion of assets in to the the net wealth of the assessee (Individual) - whether assets are belonging to bigger HUF - AO directed to make addition of assets in the...

  9. Capitalization of the amount of interest disallowed u/s 36(1)(iii) - Here the assessee is claiming that if interest corresponding to investment in mutual funds is not...

  10. Gain on the sale of assets - Long Term capital gain OR Short Term Capital Gains - “financial asset” u/s 2(42A) or not? - Since the intangible assets are covered in the...

  11. SEBI issued a circular to promote ease of doing business for mutual funds investing in commodities and overseas securities. The circular modifies clauses in the Master...

  12. Redemption of units of mutual funds - capital gain or business income - the intention for purchase of mutual funds was only for the purpose of investment and held for...

  13. Interest incurred claimed as a deduction u/s. 57(iii) out of interest earned from mutual funds - In our opinion, unless funds are borrowed for making deposit to earn...

  14. The case deals with the applicability of Section 54EC of the Income Tax Act, which provides exemption from capital gains tax if the gains are invested in specified bonds...

  15. RG 1 vis a vis Daily production record - Product comes out of reactor in very hot conditions and daily production report maintained on rough estimate basis - Demand on...

 

Quick Updates:Latest Updates