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of <h1>SEBI Issues New Circular for Mutual Fund Trustees, Effective January 2021; Previous Conditions Still Apply.</h1> The Securities and Exchange Board of India (SEBI) issued a circular to mutual funds, asset management companies, trustee companies, and the Association of Mutual Funds in India regarding resources for trustees of mutual funds. The circular, dated September 23, 2020, references an earlier circular from August 10, 2020, and states that compliance with the guidelines will be required from January 1, 2021. All other conditions from the previous circular remain unchanged. This directive is issued under SEBI's authority to protect investor interests and regulate the securities market.
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