Prohibition on indicative portfolios and yields: mutual funds and distributors must cease such communications and ensure trustee oversight. Mutual funds are prohibited from offering or disseminating any indicative portfolios or indicative yields for debt and fixed income schemes; no communication in any form by mutual funds or their distributors may present such indicatives. Asset Management Companies and Trustees must monitor compliance and report adherence in their statutory reports, pursuant to the regulator's statutory powers to protect investor interests.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Prohibition on indicative portfolios and yields: mutual funds and distributors must cease such communications and ensure trustee oversight.
Mutual funds are prohibited from offering or disseminating any indicative portfolios or indicative yields for debt and fixed income schemes; no communication in any form by mutual funds or their distributors may present such indicatives. Asset Management Companies and Trustees must monitor compliance and report adherence in their statutory reports, pursuant to the regulator's statutory powers to protect investor interests.
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