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<h1>SEBI Amends Mutual Funds Regulations 1996: Changes to Regulation 56 Include Mailing Reports, Removing Newspaper Publication Requirements.</h1> The Securities and Exchange Board of India (SEBI) has amended the Mutual Funds Regulations of 1996, effective from their publication date in the Official Gazette. Key changes include altering the heading of regulation 56 from 'Publication' to 'Mailing' and removing the requirement for publishing an advertisement and abridged scheme-wise annual report. Additionally, the amendment omits the clause that full portfolio disclosure is unnecessary if full accounts are published in newspapers, and mandates that summaries be mailed in abridged form as per sub-regulation (1).