GENERAL MANAGER
INVESTMENT MANAGEMENT DEPARTMENT

SEBI/ IMD/CIR No. 5/ 265 / 2004

February 16, 2004

All Mutual Funds Registered with SEBI
Association of Mutual Funds in India

Dear Sirs,

We are enclosing a copy of the SEBI (Mutual Funds) (Amendment) Regulations, 2004 published in the official gazette on January 15, 2004 for your reference and records.

Yours faithfully,

SURESH GUPTA