Certification Programme and Disclosure Standards.

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..... ustry, it has been decided in consultation with Association of Mutual Funds in India (AMFI) to implement the following steps: 1. Certification Programme : AMFI is presently conducting a certification programme for agents/distributors of mutual funds units and employees of mutual funds. With a view to improving professional standards, it has been decided to make it mandatory for all mutual funds .....

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..... specific focus on regulations/guidelines on advertisements/sales literature and code of conduct. Mutual Funds shall monitor the activities of their agents/distributors so that they may not indulge in any kind of malpractice or unethical practice while selling/marketing mutual funds units. It has also been decided that the existing and new employees of mutual funds particularly those who are invol .....

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..... early results in the format prescribed under Twelfth Schedule to the Regulations. It has been decided that the mutual funds shall also post these results in the prescribed format on their web sites. Also, for the purpose of easy reference by the investors, it has been decided that all mutual funds shall display these results on AMFI web site (www.amfiindia.com) before the expiry of one month from .....

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