SEBI/IMD/CIR No. 13/118899/08
All Mutual Funds Registered with SEBI Association of Mutual Funds in India (AMFI)
Sub: New Scheme Report
Please refer to SEBI Circular No. MFD/CIR/12/16588/02 dated August 28, 2002 which prescribes the format for New Scheme Report.
In light of the recent policy developments on account of waiver of load for direct applicants and removal of initial issue expense, format of the New Scheme Report has been revised. A copy of the revised format is enclosed.
Accordingly, in future, New Scheme Report may be submitted in this revised format.
This circular is issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with the provisions of Regulation 77 of SEBI (Mutual Funds) Regulations, 1996, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.
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