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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Asset management firms must follow updated valuation norms for mutual fund investments per Regulation 47, effective January 2024.</h1> Regulation 47 of the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, mandates that asset management companies must compute and carry out the valuation of investments made by mutual fund schemes according to the investment valuation norms specified in the Eighth Schedule. This valuation must be published. The regulation has undergone amendments, with the most recent update effective from January 1, 2024, ensuring that the valuation process is consistently aligned with specified norms.
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