Ch.5 · NFO Process and Rules · hard
What is the 'fund house's stewardship policy' and what does SEBI require AMCs to disclose about it?
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EXPLANATION
SEBI requires AMCs to have a stewardship policy covering how they exercise voting rights and engage with investee companies on behalf of unit holders. AMCs must disclose their voting decisions (which resolutions they voted for/against) quarterly on their website. Active stewardship is a governance requirement to protect unit holder interests.
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