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Disclosure of Designated Employee(s) Compensation mandatorily invested in the Schemes of AMC Mutual Fund
The Securities and Exchange Board of India (SEBI), vide its circulars SEBI/HO/IMD/IMD-I/DOF5/P/CIR/2021/553 dated 28th April 2021 read with SEBI/HO/IMD/IMD-I/DOF5/P/CIR/2021/629 dated September 20, 2021, naming Alignment of interest of Designated Employees of Asset Management Companies (AMCs) with the Unit holders of the Mutual Fund Schemes, mandated that the Designated Employees having a role or oversight over the schemes managed by the AMC be paid 20% of their gross annual CTC in the form of units of the Schemes.
Accordingly, the details of disclosure of Designated Employee(s) Compensation paid in the form of mutual fund units are as follows:
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