In view of the practical difficulties being faced by the Mutual Funds in uploading the NAV of Fund of Fund Schemes on AMFI’s website and their own website it has been decided that the time limit for uploading of NAV for fund of fund Schemes shall be extended to 10:00 am the following business day.
This circular is being issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, and Section 19 of the Depositories Act, 1996 to protect the interests .
It has been informed by European Commission, Directorate General for Trade that the Regulation (EC) 1013/ 2006 came into force on 17th July 2006, but will not apply until 12 July 2007, when it will replace the Shipment of Waste Regulation 259/93, and Regulations (EC) 1547/93 and (EC) 1490/93.
