Ch.3 · Custodian and RTA Functions · hard
What is a 'half-yearly trustee report' as required by SEBI?
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EXPLANATION
SEBI mandates trustees to submit a half-yearly compliance certificate to SEBI confirming that the AMC has operated the schemes in compliance with SEBI (Mutual Funds) Regulations and the respective Trust Deed. This report covers the period April–September (due by October 31) and October–March (due by April 30) and is a key accountability mechanism.
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