Relaxed timelines w.r.t. validity of observation letter pertaining to Mutual Funds

The Securities Exchange Board of India vide circular dated December 22, 2021 has restored relaxed timelines w.r.t. validity of observation letter pertaining to Mutual Funds. All schemes (NFOs) where SEBI has already issued observation letter and NFOs are yet to be launched shall be launched within one year from the date of SEBI observation letter.

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