Trading when in possession of unpublished price sensitive information.

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....insider shall trade in the units of a scheme of a mutual fund, when in possession of unpublished price sensitive information, which may have a material impact on the net asset value of a scheme or may have a material impact on the interest of the unit holders of the scheme: Explanation -The dealings of a person in the units of a mutual fund when in possession of unpublished ....

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....e Board within two trading days from receipt of the disclosure or from becoming aware of such information; (ii) such transaction in question was carried out pursuant to a statutory or regulatory obligation including subscription or investment in mutual fund units pursuant to the mandatory requirement specified by the Board for "Alignment of interest of Designated Employees ....