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<h1>SEBI Amends Mutual Funds Regulations: New Listing Rules for Close-Ended Schemes Effective April 8, 2009.</h1> The Securities and Exchange Board of India (SEBI) issued amendments to the Mutual Funds Regulations, 1996, effective April 8, 2009. Key changes include the requirement for asset management companies to obtain prior in-principle approval from recognized stock exchanges for listing mutual fund units. Close-ended schemes, except equity-linked savings schemes, must be listed on a recognized stock exchange, with specific exemptions. The amendments also address the issuance of unit certificates, the delisting of units, and the calculation and publication of Net Asset Value. These regulations aim to enhance transparency and investor protection in the mutual funds sector.