Securities and Exchange Board of India (SEBI) – SEBI is the primary regulator of mutual fund industry in India. All the mutual funds must register themselves with the SEBI. Mutual Funds are governed under a set of regulations called Securities and Exchange Board Of India (Mutual Funds) Regulations, 1996 which have been designed to protect the investors. Mutual funds can be penalised for violating norms.
In addition to SEBI, mutual funds need to abide by the regulations of following other regulators in a limited manner:
2017 March 28 is a bank holiday in Goa due to Gudi Padwa/1st Navratra.
2017 March 29 is a bank holiday in Andhra Pradesh due to Chandramana Ugadi/Sajibu Nongmapanba (Cheiraoba)/Telugu New Year's Day.
2017 March 30 is a bank holiday in Jharkhand due to Sarhul.
2017 April 01 is a bank holiday in Andhra Pradesh due to Annual Closing Of Accounts Of Commercial And Co-operative Banks.