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Revision in Filing Fees and Registration Fees – Amendments to SEBI (Mutual Funds) Regulations, 1996

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..... ng fee would be applicable to those scheme(s) whose offer document(s) has been filed with SEBI on or after April 1, 2008. This circular, is available on SEBI website at www.sebi.gov.in under the category "Mutual Funds - Circulars". This circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with the provisions of Regulation 77 of SEBI (Mutual Funds) Regulations, 1996. Yours faithfully, Ruchi Chojer Encl : a/a THE GAZETTE OF INDIA EXTRAORDINARY PART -III - SECTION 4 PUBLISHED BY AUTHORITY NEW DELHI, MARCH___, 2008 SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the ___ March, 2008 SECURITIES AND EXCHANGE BOARD OF INDIA (PAYMENT OF .....

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..... Less than or equal to ten crore rupees. One lakh rupees (Rs. 1,00,000/-). More than ten crore rupees, but less than or equal to one thousand crore rupees. 0.125% of the offer size. More than one thousand crore rupees, but less than or equal to five thousand crore rupees. One Crore twenty five lakh rupees (Rs. 1,25,00,000/- )plus 0.03125 per cent of the portion of the offer size in excess of one thousand crore rupees (Rs. 1000,00,00,000/-) More than five thousand crore rupees. A flat charge of three crore rupees (Rs. 3,00,00,000/-)." Amendment to the Securities and Exchange Board of India (Custodian of Securities) Regulations, 1996. 4. In the Securities and Exchange Board of India (Custodian of Securities) Regulations, 1996, in Sec .....

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..... er cent. of the issue size. More than five hundred crore rupees. A flat charge of five lakh rupees (Rs.5,00,000/-)." Amendment to the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, 6. In the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, (i) In the Second Schedule, in paragraph I, in item B, for the words "fifty lakhs", the following words shall be substituted, namely:- "twenty five lakhs" (ii) In the Second Schedule, in paragraph I, for item D, the following item shall be substituted, namely:- "D. Filing fees for offer documents 0.005 per cent of the amount raised in the new fund offer, subject to a minimum of rupees one lakh and a maximum of rupees fifty lakhs." Amendment to .....

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