TMI BlogOmittedX X X X Extracts X X X X X X X X Extracts X X X X ..... 2-5-2006.] 2 substituted for Initial Expenses by the SEBI (Mutual Funds) (Second Amendment) Regulations, 2006 w.e.f. 22-5-2006. 3 Inserted by the SEBI (Mutual Funds) (Amendment) Regulations, 1998 w.e.f. 12-1-1998. 4 Inserted ibid. 5 Inserted ibid.. 6 Inserted ibid. 7 Substituted by the SEBI (Mutual Funds) (Amendment) Regulations, 2008, w.e.f. 16-4-2008. Prior to its substitutio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he SEBI (Mutual Funds) (Amendment) Regulations, 2008, w.e.f. 16-4-2008. Prior to its substitution, clause (d) read as under; (d) In case of closed-ended *[***] floated on a load basis, the unamortised portion of the expenses shall be included in the calculation of the NAV. However, such portion shall not be included in the NAV for the purposes of determining the asset management company s i ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fourth year. 11. Omitted vide Notification No. SEBI/LAD-NRO/GN/2021/08 dated 04-02-2021 w.e.f. 30th day from the date of their publication in the Official Gazette, that is 04-02-2021 before it was read as TENTH SCHEDULE Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 1 [[Regulation 49(3B)(b)]] 2 [Amortisation of Initial Issue Expenses for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n the same manner as load schemes. In the case of a no-load scheme, the initial issue expenditure shall be borne by the Asset Management Company 6 [, trustee company or sponsor]. (b) 7 [For a close-ended scheme floated on a load basis prior to commencement of the Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2008, the initial issue expenses shall be am ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of these regulations.] (e) 10 [***] (f) All subsequent distribution charges must in the case of load schemes shall be borne by the scheme and in the case of no-load schemes borne by the asset management company. - - statute, statutory provisions legislation, law, enactment, Acts, Rules, Regulations, Taxation Tax Management India - taxmanagementindia - taxmanagement - taxmanagementind ..... X X X X Extracts X X X X X X X X Extracts X X X X
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