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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Mutual funds face penalties for breaching Advertisement Code or Fair Valuation Principles under Regulation 75A, SEBI Mutual Funds Regulations.</h1> Regulation 75A of the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996, mandates that mutual funds and asset management companies are subject to action under relevant laws if they violate specific provisions. They face penalties if advertisements breach the Advertisement Code outlined in the Sixth Schedule or if securities valuation contravenes the Principles of Fair Valuation in the Eighth Schedule. This regulation was introduced by the SEBI (Mutual Funds) (Amendment) Regulations, 2012, effective from February 21, 2012.
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