Grow Well is a Collective Investment Management Company, registered with the Regulatory Authorities. It is planning to launch one of its Scheme to the public. Elaborate the disclosures it is required to made in the offer
CS Executive · Capital Market and Securities Laws · PYQS · December 2025
Grow Well is a Collective Investment Management Company, registered with the Regulatory Authorities. It is planning to launch one of its Scheme to the public. Elaborate the disclosures it is required to made in the offer document.
Answer & Explanation:
As per Regulation 26 of the SEBI (Collective Investment Schemes) Regulations, 1999, following disclosures are required to be made in the offer document: The Collective Investment Management Company [CIMC] shall before launching any collective investment scheme file a copy of the offer document of the collective investment scheme with the SEBI and pay filing fees. The offer document should contain information such as name of the collective investment scheme, name and address of the registered office of the CIMC and trustee, Risk Factors, Disclaimer Clause etc., as specified in the Sixth Schedule. The offer document should also contain true and fair view of the collective investment scheme and adequate disclosures to enable the investors to make informed decision. SEBI may in the interest of investors require the CIMC to carry out such modifications in the offer document as it deems fit. In case no modifications are suggested by SEBI in the offer document within 21 days from the date of filing, the CIMC may issue the offer document to the public.
Topics: Collective Investment Schemes (CIS)
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