Swing pricing framework for the mutual fund schemes – Extension of timeline
- SEBI, vide Circular No. SEBI/HO/IMD/IMD-II DOF3/P/CIR/2021/631 dated September 29, 2021, had stipulated swing pricing framework for mutual fund schemes.
- Based on the request received from AMFI, it has been decided to extend the implementation date of the provisions of the aforesaid circular to May 1, 2022.
- This circular is issued in exercise of the powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act 1992, read with the provision of Regulation 77 of SEBI (Mutual Funds) Regulation, 1996 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market.
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