Sebi asks mutual funds to cast vote on all company resolutions
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Last Updated: Mar 05, 2021, 09:36 PM IST
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Synopsis
In case fund manager of any specific scheme has strong view against the views of fund manager of the other schemes, the voting at scheme level will be allowed subject to recording of detailed rationale for the same.
ET Online
Sebi said fund managers should submit a declaration on quarterly basis to the trustees that the votes cast by them have not been influenced by any factor other than the best interest of the unit holders.
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