Norms for Shareholding and Governance in Mutual Funds

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..... f the mutual fund or otherwise, individually or collectively, directly or indirectly, have (a) 10% or more of the share-holding or voting rights in the asset management company or the trustee company of any other mutual fund; or (b) representation on the board of the asset management company or the trustee company of any other mutual fund. (2) Any shareholder holding 10% or more of the .....

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..... volving the sponsors of the mutual funds, shareholders of the asset management companies or trustee companies, their associates or group companies which results in the incidental acquisition of shares, voting rights or representation on the board of the asset management companies or trustee companies, this regulation shall be complied with within a period of one year of coming into force of such a .....

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