How-to AMC acquisition sponsor change

How to handle a fund house (AMC) acquisition or sponsor change

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AMC acquisition changes ownership but rarely changes day-to-day scheme operations. SEBI’s investor protection mandates the no-load exit window. Most investors hold.

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Step-by-step procedure

See the procedure infobox above for the six steps.

Historical examples

YearTransaction
2018-2019IDFC AMC acquisition by Bandhan
2020L&T Mutual Fund acquisition by HSBC
2018Various smaller AMC consolidations

See also

External references

References

  1. SEBI (Mutual Funds) Regulations, 1996.
  2. SEBI Master Circular for Mutual Funds.
  3. AMFI Best Practice Guidelines.

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WebNotes is independent. No relationship with any broker, registrar or bank named in this article.