Income Tax - Explore the best tax-saving mutual funds (ELSS) for 2023 with top-performing funds like Quant Tax Plan, SBI Long Term Equity, and more. Maximize returns while enjoying tax benefits under Section 80C...
Income Tax - Understand the tax benefits & effects of debt mutual funds. Learn how taxation of debt mutual funds can impact your gain from bonds and other fixed income securities. Get started now!...
Income Tax - Learn about primary and secondary markets, their qualities, and explore risk analysis for mutual funds. Understand key ratios to assess risk and factors affecting mutual fund investments....
Income Tax - Investors of all levels can benefit from mutual funds. This comprehensive guide details understanding, benefits, risks and informed investment decisions. Invest for your financial goals!...
Income Tax - Don't miss the Sep 30 deadline to update Mutual Fund (MF) folio nominations. Learn the process, importance, and consequences of not adding nominees....
Income Tax - SEBI Consultation Paper on Review of Total Expense Ratio charged by Asset Management Companies (AMCs) to unitholders of schemes of Mutual Funds to facilitate greater transparency and accrual of benefits of economies of scale to investors The Securities and Exchange Board of India (SEBI) has released a consultation paper seeking public com...
Income Tax - While exercising oversight over activities of AMC, Trustees are expected to ensure that AMCs act in a manner which is not skewed in favour of AMC’s stakeholders...
Income Tax - Securities and Exchange Board of India Consultation Paper on Review of Regulatory Framework for Sponsors of a Mutual Fund A. Objective The objective of this consultation paper is to seek comments / views from the public on the proposals intending to review the regulatory framework for sponsor(s) of a mutual fund so as to explore […...
Income Tax - In the past, it was observed that a Registrar and Transfer Agent of a Mutual Fund had redeemed all its units from a scheme, being privy to certain sensitive information pertaining to scheme of Mutual Fund...
Franklin Templeton Trustee Services Private Limited and Another Vs Amruta Garg and Others (Supreme Court of India) - Franklin Templeton Trustee Services Private Limited and Another Vs Amruta Garg and Others (Supreme Court of India) Prior-consent from the unitholders if necessary even when the trustees ‘decide to wind up’ a scheme under Regulation 39(2)(a), would inevitably delay the publication of public notic...
SEBI Vs Franklin Templeton Trustees Services Pvt. Ltd (Karnataka High Court) - SEBI Vs Franklin Templeton Trustees Services Pvt. Ltd (Karnataka High Court) i) We hold that no interference is called for in the decision of the Trustees taken on 23rd April 2020 of winding up the said six Schemes; ii) We hold and declare that the decision of the Trustees (the Franklin Templeton Tr...
Corrigendum to Notification No.3. of 2021 - (15/11/2023) - Understand revised format, procedure & guidelines for submission of Statement of Financial Transactions for Depository Transactions. Now required to be submitted as half-yearly basis instead of quarterly. Notification No. 3 of 2021 explains changes....
Circulars No. SEBI/HO/IMD/IMD-I POD1/P/CIR/2023/160 - (27/09/2023) - SEBI extends deadline for mutual fund unit holders to nominate or opt out of nomination to January 1, 2024. Learn about new timeline and requirements....
Circular No. SEBI/HO/IMD/PoD2/P/CIR/2023/129 - (27/07/2023) - SEBI issues Circular outlining rules for Mutual Funds' investment in Corporate Debt Market Development Fund (CDMDF) to enhance corporate debt market....
Notification No. SEBI/LAD-NRO/GN/2023/141 - (26/07/2023) - SEBI has notified implementation dates for amendments to SEBI (Mutual Funds) Regulations, 2023. Certain provisions will come into force from 26th July 2023, while others will be effective from January 1, 2024....
Circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2023/117 - (07/07/2023) - As per the extant regulatory framework, the Trustees hold the property of the Mutual Fund in trust for the benefit of the unit holders and their primary role is to ensure that AMCs appointed by them act in the best interests of the unitholders. Accordingly, any conflict between interests of unithold...
Corrigendum to Notification No.3. of 2021 - 15/11/2023
Circulars No. SEBI/HO/IMD/IMD-I POD1/P/CIR/2023/160 - 27/09/2023