Dear Sir \ Madam
The Securities and Exchange Board of India (SEBI) has issued circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2024/144 dated October 22, 2024, regarding Inclusion of Mutual Fund units in the SEBI (Prohibition of Insider Trading) Regulations, 2015.
In order to strengthen the regulatory framework in relation to prohibition of insider trading in units of mutual funds, vide notification dated November 24, 2022, mutual funds units were included under the SEBI (Prohibition of Insider Trading) Regulations, 2015.
In terms of Regulation 5(E)(1) of PIT Regulations, AMCs shall disclose the details of the holdings of Designated Persons of AMCs, trustees and their immediate relatives on aggregate basis on quarterly basis. Thereafter, for all subsequent calendar quarters AMCs shall provide the information within 10 calendar days from the end of the quarter. Further, the holdings shall be disclosed in the specified format.
The Circular shall be applicable from November 1, 2024
The aforesaid circular is attached for reference.
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Manu Thomas
Addl General Manager-Listing Compliance
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Shyam Bhagirath
Manager-Listing Compliance
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