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The Securities and Exchange Board of India (SEBI) has issued a detailed circular, which will put the onus on mutual fund (MF) trustees to protect unitholders’ interests. These include monitoring fees and expenses, prevention of mis-selling and front running and conflict of interest between various stakeholders. The market regulator has stated that asset management companies (AMCs) shall constitute a unit holder protection committee (UHPC) to oversee the protection of unit holders’ interests, adoption of sound and healthy market practices, and compliance with laws/regulations or other related processes. Further, the UHPC must keep unit holders well informed about and educate them on MF products, the investor charter, and complaint-handling procedures. It shall submit its observations, along with recommendations periodically to the board of the AMC.
The yellowing of older leaves at the base of a plant typically indicates a deficiency of which nutrient?
What causes the blackening of rose petals?
What term was introduced by L. Hiltner to describe an area of intense microbiological activity around growing plant roots?
What is the penalty provision for adulterated food but not injurious and not within prescribed specifications or misbranded or non – injurious adulter...
Father of agricultural engineering in india
Dry skin with scales or scutes without gland is a characteristic of
Which of the following breeding methods involves mating between closely related animals such as brother-sister or parent-offspring?
Which of the following is largest and stoutest part of insect leg?
Pasteurisation is done in milk ………………………….
The process of removing stamens from the flower bud during hybridization is called
