(1)

The mutual fund, the asset management company, the trustee, custodian, sponsor of the mutual fund shall make such disclosures or submit such documents as they may be called upon to do so by the Board.

(2)

Without prejudice to the generality of sub-regulation (1), the mutual fund [* * *] [Omitted by S.O. 32(E), dated 12.1.1998] shall furnish the following periodic reports to the Board, namely :-

(3)

No sale of units of any scheme of a mutual fund shall be made by the trustees or an asset management company unless accompanied by documents which contain information which is adequate for the investors to take an informed decision.