Circular on Mutual Funds

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....aining to Securities and Exchange Board of India (Mutual Funds) (Amendment) Regulations, 2012 for your information and implementation. B. Valuation of Debt and Money Market Instruments 1. The valuation of money market and debt securities shall be in terms of the Eighth schedule. 2. In clause 2 (I) and 2(II) of the SEBI circular SEBI/IMD/CIR No.16/ 193388/2010 dated February 2, 2010, reference t....

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....awn. However, mutual funds shall continue to comply with the following: * While advertising pay out of dividends, all advertisements shall disclose the dividends declared or paid in rupees per unit along with the face value of each unit of that scheme and the prevailing NAV at the time of declaration of the dividend. * Impact of Distribution Taxes: While advertising returns by assuming reinves....

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....his circular is issued in exercise of powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act, 1992, read with the provisions of Regulation 77 of SEBI (Mutual Funds) Regulations, 1996, to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. Yours faithfully, Medha Sonparote Deputy General Manag....