Compliance reporting formats for Specialized Investment Funds (SIF)
Summary
This circular mandates specific compliance reporting formats for Specialized Investment Funds (SIFs) to ensure uniformity and clarity. It modifies the Compliance Test Report (CTR) and Half-Yearly Trustee Report (HYTR) by adding new sections dedicated to SIF regulations. These provisions apply to Mutual Funds, Asset Management Companies, and Trustee Companies managing SIFs.
Text
all reporting requirements applicable to mutual funds under the SEBI (Mutual Funds) Regulations, 1996... shall also apply to Specialized Investment Funds.
The format for the CTR... shall stand modified to include an additional Part IV, as specified in Annexure A1 to this circular.
All Asset Management Companies managing SIF shall additionally report compliance under Part IV as part of the CTR submitted for Mutual Funds.
The format for the HYTR... shall stand modified to include Clause 72A, as specified in Annexure A2 to this circular.
The Trustees/Trustee Companies of Mutual Funds managing SIF shall additionally report compliance under Clause 72A as part of the HYTR submitted for Mutual Funds.
The provisions of this circular shall come into force with effect from the date of this circular.
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 Chapter VI-C of the SEBI (Mutual Funds) Regulations 1996...
Source: SecMarx — Compliance reporting formats for Specialized Investment Funds (SIF). Verbatim text is public record; SecMarx structuring (linkage to applying orders) is cited to us.