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Investment in units of Mutual Funds in the name of minor through guardian

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Full Text of the Document

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....vestment in units of Mutual Funds in the name of minor through guardian SEBI Circular no. SEBI/HO/IMD/DF3/CIR/P/2019/166 dated December 24, 2019 has prescribed the uniform process to be followed across Asset Management Companies (AMCs) in respect of investments made in the name of a minor through a guardian. Based on recommendation of Mutual Fund Advisory Committee, it has been decided as under: ....