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Securities and Exchange Board of India CIRCULAR SEBI/HO/IMD/IMD-I/DOF5/P/CIR/2021/582 June 25, 2021 All Mutual Funds/ Asset Management Companies (AMCs)/ Trustee Companies/Boards of Trustees of Mutual Funds / Association of Mutual Funds in India (AMFI) Sir/ Madam, Subject: Alignment of interest of Key Employees of Asset Management Companies (AMCs) with the Unitholders of the Mutual Fund Schemes 1. SEBI vide Circular no. SEBI/HO/IMD/IMD-I/DOF5/P/CIR/2021/553 dated April 28,
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FAQ :
The circular concerns the alignment of interests of Key Employees of Asset Management Companies (AMCs) with the Unitholders of Mutual Fund Schemes.
The original implementation date was July 1, 2021.
The implementation date has been extended to October 1, 2021.
The date was extended based on feedback received from stakeholders.
The circular was issued by the Securities and Exchange Board of India (SEBI).
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Notification No : SEBI/HO/IMD/IMD-I/DOF5/P/CIR/2021/582Published in Investments & Personal Finance
Source : https://www.sebi.gov.in/legal/circulars/jun-2021/alignment-of-interest-of-key-employees-of-asset-management-companies-amcs-with-the-unitholders-of-the-mutual-fund-schemes_50693.html