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​​​​​​Disclosure of Designated Employee(s) Compensation mandatorily invested in the Schemes of Nippon India Mutual Fund​​

 Content Editor

In order to align the interest of Designated Employees of Asset Management Companies (AMCs) with the unit holders of the mutual fund Schemes, the Securities and Exchange Board of India (SEBI) has issued circulars SEBI/HO/IMD/IMD-I/DOF5/P/CIR/2021/553 dated April 28, 2021; SEBI/HO/IMD/IMD-I/DOF5/P/CIR/2021/582 dated June 25, 2021 and SEBI/HO/IMD/IMD-I/DOF5/P/CIR/2021/629 dated September 20, 2021 read with clarification dated September 20, 2021 SEBI/HO/IMD/DF5/OW/P/2021/24745/1 dated September 20, 2021 issued by SEBI to AMFI, wherein a part of the compensation of Designated Employees having a role / oversight shall be mandatorily invested in units of the mutual fund schemes managed by the AMC.

Accordingly, the details of disclosure of Designated Employee(s) Compensation mandatorily invested in the Schemes of Nippon India Mutual Fund are as follows:

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