PHD Capital

Author name: PHD Capital

SEBI has directed mutual funds to stop using misleading illustrations in advertisements

Market regulator #SEBI has directed mutual funds (MFs) to stop using misleading illustrations in advertisements, brochures and presentations to depict that there will be fixed return on investments. It asked AMCs to refrain from such practices in future and remove such advertisements from all the medium and to advise their distributors not to use them. …

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