News From Press Sebi gives more time to mutual funds to implement new disclosure rules

Sebi gives more time to mutual funds to implement new disclosure rules

The new norms were to come into effect from June 1.

The Economic Times Jun 1, 2021

Markets regulator Sebi on Monday gave time till September 1 for mutual funds to comply with new rules wherein they are required to share details of risk, performance and portfolio to investors only for the scheme in which they have invested. The new norms were to come into effect from June 1. Based on the representation received from industry body Amfi, it has been decided to extend the implementation date to September 1, 2021, the Securities and Exchange Board of India (Sebi) said in a circular.

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