Notification dated 30/7/02 - Bi-monthly Meetings of Trustees, Compensation to Investors/Schemes due to variation in NAVs

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..... are enclosing a copy of the gazette notification no. 686 dated July 30, 2002 pertaining to SEBI (Mutual Funds) (Third Amendment) Regulations, 2002 for your information and implementation. Yours faithfully, P. K. NAGPAL THE GAZETTE OF INDIA EXTRAORDINARY PART -II - SECTION 3 - SUB SECTION (ii) PUBLISHED BY AUTHORITY SECURITIES AND EXCHANGE BOARD OF INDIA NOTIFICATION Mumbai, the 30th Jul .....

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..... meeting of the trustees shall be held atleast once in every two calendar months and atleast six such meetings shall be held in every year." (ii). In EIGHTH SCHEDULE, a. in clause 5, for the figure "2%" the figure " 1%" shall be substituted. b. after clause 5, the following clause shall be inserted , namely: - "6" In case the Net Asset Value of a scheme diffe .....

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..... ons, SEBI (Mutual Funds) Regulations, 1996 were issued under S.O No. 856(E) dated December 9, 1996 published in the Gazette of India, Part II, Section 3(ii) dated December 09, 1996. SEBI (Mutual Funds) Regulations, 1996 were subsequently amended - (a) On April 15, 1997 by SEBI (Mutual Funds) (Amendment) Regulations, 1997 vide S.O No. 327 (E). (b) On January 12, 1998 by SEBI (Mutual Funds) (Am .....

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