SEBI Amends Mutual Funds Regulations: New Limits, Investment Patterns, and Green Initiatives Effective 30 Days Post-Gazette Publication.

The circular issued by the Securities and Exchange Board of India (SEBI) outlines amendments to the Mutual Funds Regulations, 1996, effective from the 30th day after publication in the Official Gazette. Key changes include modifications to gross exposure limits, investment patterns, and procedures for changes in control of Asset Management Companies (AMCs). It also addresses go-green initiatives, advertising regulations, and the disclosure of mutual fund performance. Additional updates cover the handling of dividends, postal ballot procedures, and reporting of transactions by trustees. The circular aims to protect investor interests and enhance the regulatory framework for mutual funds.

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