SEBI, vide circular no. SEBI/HO/IMD/DF3/CIR/P/2017/114 dated October 6, 2017, has issued guidelines regarding categorization and rationalization of Mutual Fund Schemes. Upon consideration of the subsequent representation received from AMFI, it has been decided to partially modify the aforesaid circular.
SEBI, vide circular no. SEBI/HO/IMD/DF3/CIR/P/2017/126 dated December 4, 2017, has published the said modifications as mentioned above. (download circular here)