Ch.5 · NFO Process and Rules · hard
What is the significance of scheme-specific 'name change' rules under SEBI regulations?
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EXPLANATION
While minor cosmetic name changes may not require SEBI intervention, any name change that changes the scheme's character or investor perception (e.g., changing from 'Large Cap Fund' to 'Multi Cap Fund') is treated as a fundamental attribute change. This requires SEBI approval, investor notification, and a 30-day exit option without load.
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