Regulatory Alerts2025-03-28
Added · Updated
Circular No. 8 of 2025-KFS
Asset Management Companies must incorporate a Key Fact Statement as the second page of Offering Documents for Collective Investment Schemes to ensure investor clarity. The document mandates that AMCs provide approved KFS versions before soliciting new investments, make them accessible on digital portals, and obtain explicit investor acknowledgment of receipt and understanding at the point of sale. New schemes must comply by April 30, 2025, while existing perpetual schemes must update their documentation by June 30, 2025, with supplemental constitutive documents submitted to the Commission within one week of amendment.
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