Regulatory Alerts2025-02-20
Clarification regarding Investor Education and Awareness Initiatives
The Securities and Exchange Board of India (SEBI) issued this circular to clarify that financial inclusion initiatives approved by the regulator qualify as Investor Education and Awareness activities. This clarification applies to the mandatory annual allocation of at least two basis points of daily net assets by Mutual Fund schemes, as required under Chapter 10 of the SEBI Master Circular dated June 27, 2024. The directive is issued under Section 11(1) of the SEBI Act, 1992, to protect investor interests and promote the development of the securities market.
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