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of <h1>SEBI Issues Updated Master Circular for Mutual Funds, Consolidating Regulations Up to March 31, 2024, Superseding May 2023 Version.</h1> The Securities and Exchange Board of India (SEBI) has issued an updated Master Circular for Mutual Funds, consolidating regulatory requirements up to March 31, 2024. This circular supersedes the previous version dated May 19, 2023, and rescinds specific guidelines listed in its appendix. Actions taken under the rescinded circulars remain valid under the new provisions. Entities must continue compliance and reporting as per the updated circular. This Master Circular is issued under SEBI's authority to protect investor interests and regulate the securities market.
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