The regulator has given AMCs seven more days to publish detailed disclosure of their assets under management.
Market regulator SEBI has given an extension of seven days for AMCs to disclose their assets under management as per the new rules.
The extension of this deadline is only applicable for April. From May onwards, AMCs will have to publish this data within seven days from the end of the month. Fund houses were supposed to publish this data by the end of one week from April 2014 onwards. AMFI will in turn publish consolidated data of all AMCs on its website.
In its March 24 circular, the regulator had asked AMCs to disclose the following break up of their AUM on their websites:
- AUM from different categories of schemes such as equity schemes, debt schemes, etc.
- Contribution to AUM from B-15 and T-15 cities
- Contribution to AUM from sponsor and its associates
- Contribution to AUM from entities other than sponsor and its associates
- Contribution to AUM from investors type (retail, corporate, etc.) in different scheme type (equity, debt, ETF, etc.)
- AUM garnered through sponsor group/ non-sponsor group distributors
- State-wise/Union Territory-wise contribution to AUM
