EXECUTIVE DIRECTOR INVESTMENT MANAGEMENT DEPARTMENT

SEBI/IMD/CIR No.4/69458/06

June 16, 2006

All Mutual Funds Registered with SEBI Association of Mutual Funds in India (AMFI)

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Dear Sirs,

We are enclosing a copy of the gazette notification no. S.O. 783(E) dated May 22, 2006 pertaining to SEBI (Mutual Funds) (Second Amendment) Regulations 2006 for your information and implementation.

Yours faithfully,

R K NAIR

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