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Introduction of “Flexi Cap Fund” as a new category under Equity Schemes - SEBI - SEBI/HO/IMD/DF3/CIR/P/2020/228

Extract

..... CIRCULAR SEBI/HO/IMD/DF3/CIR/P/2020/228 November 06, 2020 All Mutual Funds (MFs)/ Asset Management Companies (AMCs)/ Trustee Companies/ Board of Trustees of Mutual Funds/ Association of Mutual Funds in India (AMFI) Sir / Madam, Subject: Introduction of “Flexi Cap Fund” as a new category under Equity Schemes 1. SEBI vide circular no. SEBI/HO/IMD/DF3/CIR/P/2017/114 dated October 06, 2017, has issued guidelines regarding categorization and rationalization of Mutual Fund Schemes. 2. In o .....

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Introduction of “Flexi Cap Fund” as a new category under Equity Schemes - SEBI

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..... scheme in terms of Regulation 18(15A) of SEBI (Mutual Funds) Regulations, 1996. 6. Scheme under the aforesaid mentioned new category can be launched with effect from the date of this circular. 7. 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 Regulation 77 of the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 to protect the interests of investors in securities and to prom .....

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Introduction of “Flexi Cap Fund” as a new category under Equity Schemes - SEBI

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