SEBI undertakes a regulatory revamp of Mutual Fund Regulations
Mar 05 2021
News Category: Regulatory Updates
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SEBI has undertaken a regulatory revamp exercise of SEBI (Mutual Funds) Regulations, 1996 (hereinafter called as “MF Regulations”) and various circulars issued thereunder. Some of the changes include modification of provisions of various circulars with regard to cumulative gross exposure limit for mutual fund schemes; changes in the notes and disclosures of performance of mutual fund schemes.

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