{"id":1873,"date":"2021-12-13T11:12:01","date_gmt":"2021-12-13T11:12:01","guid":{"rendered":"https:\/\/rvkassociates.com\/blog\/?p=1873"},"modified":"2021-12-13T11:12:04","modified_gmt":"2021-12-13T11:12:04","slug":"publishing-of-investor-charter-and-disclosure-of-investor-complaints-by-portfolio-managers-on-their-websites","status":"publish","type":"post","link":"https:\/\/rvks.in\/blogs\/publishing-of-investor-charter-and-disclosure-of-investor-complaints-by-portfolio-managers-on-their-websites\/","title":{"rendered":"Publishing of Investor Charter and disclosure of Investor Complaints by Portfolio Managers on their websites"},"content":{"rendered":"\n

December 10, 2021<\/p>\n\n\n\n

To,
All Portfolio Managers<\/strong><\/p>\n\n\n\n

Dear Sir \/ Madam,<\/p>\n\n\n\n

  1. 1. With a view to enhancing awareness of investors about the various activities which an investor deals with while availing the services provided by portfolio managers, an investor charter has been prepared by SEBI, which is placed at Annexure-A.<\/li><\/ol>\n\n\n\n
    1. 2. The investor charter is a brief document in an easy to understand language. It details different services provided by the portfolio managers to the investors along with estimated timelines, like account opening, agreement with the portfolio manager, periodic statements to the investors, investor grievance redressal mechanism, responsibilities of investors etc. at one single place for ease of reference. All registered Portfolio Managers are advised to bring to the notice of their clients the Investor Charter by prominently displaying on their websites.<\/li><\/ol>\n\n\n\n
      1. 3. Additionally, in order to enhance transparency in the Investor Grievance Redressal Mechanism, all Portfolio Managers on a monthly basis shall disclose on their websites, the data pertaining to all complaints including SCORES complaints received by them in the format mentioned in Annexure-B. The information shall be made available by 07th of the succeeding month.<\/li><\/ol>\n\n\n\n
        1. 4. Further, the Portfolio Managers are advised to display link\/option on their websites and mobile apps so as to enable their clients to lodge complaint with them directly. Additionally, link to SCORES website\/ link to download mobile app (SEBI SCORES) may also be provided by the Portfolio Managers on their website.<\/li><\/ol>\n\n\n\n

          5. The provisions of this circular shall come into effect from January 01, 2022.<\/p>\n\n\n\n

          1. 6. This circular is issued in exercise of powers conferred under Section 11(1) of the Securities and Exchange Board of India Act, 1992 read with Regulation 43 of the SEBI (Portfolio Managers) Regulations, 2020, to protect the interests of investors in securities market and to promote the development of, and to regulate the securities market.<\/li><\/ol>\n\n\n\n
            1. 7. The circular is available on SEBI website at www.sebi.gov.in under the categories \u201cInfo for \u2013 Portfolio Managers\u201d and “Legal framework > Circulars”.<\/li><\/ol>\n\n\n\n

              Yours faithfully,<\/p>\n\n\n\n


              Dipanjan Mitra
              Deputy General Manager
              Investment Management Department<\/strong><\/p>\n\n\n\n

              To Read More….
              Click the link below….<\/strong><\/p>\n\n\n\n

              https:\/\/www.dropbox.com\/s\/y9gpi8bp06473jr\/Publishing%20of%20Investor%20Charter%20and%20disclosure%20of%20Investor%20Complaints%20by%20Portfolio%20Managers%20on%20their%20websites.pdf?dl=0<\/a><\/p>\n\n\n\n

              <\/p>\n","protected":false},"excerpt":{"rendered":"

              December 10, 2021 To,All Portfolio Managers Dear Sir \/ Madam, 1. With a view to enhancing awareness of investors about the various activities which an investor deals with while availing the services provided by portfolio managers, an investor charter has been prepared by SEBI, which is placed at Annexure-A. 2. The investor charter is a […]<\/p>\n","protected":false},"author":1,"featured_media":1442,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,85],"tags":[88],"class_list":["post-1873","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-circulars","category-sebi","tag-sebi"],"_links":{"self":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/1873","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/comments?post=1873"}],"version-history":[{"count":1,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/1873\/revisions"}],"predecessor-version":[{"id":1874,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/posts\/1873\/revisions\/1874"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media\/1442"}],"wp:attachment":[{"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/media?parent=1873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/categories?post=1873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rvks.in\/blogs\/wp-json\/wp\/v2\/tags?post=1873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}