What are the SEBI guidelines for issue of advertisement?
1 An issue advertisement shall be truthful, fair and clear and shall not contain any statement which is untrue or misleading.
What are the SEBI guidelines for the mutual fund schemes?
SEBI guidelines say that mutual funds can invest a maximum of 25 per cent of resources mobilised into money-market instruments in the first six months after closing the funds and a maximum of 15 per cent of the corpus after six months to meet short term liquidity requirements.
How do you advertise mutual funds?
interviews, public speaking, presentations in seminars and workshops, whichever the forum is used by the mutual funds concerned, so long as such fora are used to market their schemes or convey the performance of their schemes.
Can mutual fund distributor advertise?
Any sales, promotional or any other literature, prepared by Distributors regarding products/schemes of HDFC Mutual Fund, should adhere to the Advertisement Code prescribed under the SEBI (Mutual Funds) Regulations, 1996 and other applicable Guidelines/Circulars.
What is Sebi explain its objectives and functions?
SEBI is a statutory regulatory body established by the Government of India to regulate the securities market in India and protect the interests of investors in securities. It also regulates the functioning of the stock market, mutual funds, etc.
What is Agni in mutual fund?
The Amfi Guidelines & Norms for Intermediaries (AGNI) evolved by the Association of Mutual Funds of India is getting modified. The modified AGNI or code of conduct for mutual fund intermediaries will make it mandatory for companies to declare themselves as distributors before taking up MFs’ distribution.
Which advertising appeal is used for mutual funds?
Feature appeal is the most preferred rational appeal for advertising Hotel, Mutual fund, Tourism, Insurance and Banking services/products in news paper media.
What are the three asset classes?
Historically, the three main asset classes have been equities (stocks), fixed income (bonds), and cash equivalent or money market instruments. Currently, most investment professionals include real estate, commodities, futures, other financial derivatives, and even cryptocurrencies to the asset class mix.
How do I choose a mutual fund distributor?
Points to consider before choosing a distributor Secondly, one should also ask for referrals from the mutual fund distributor. They can share the contact details of some investors with whom they worked. This helps the investors understand their experience on the advice and the services offered by the agent.
What is the commission for mutual fund distributor?
This commission structure range from 0.5% to 1% based on the mutual fund companies and products.it is paid from your total net worth of asset under management. This will be paid to your agents even if you do not invest also but if your investment stayed without withdrawal.
What is the main function of SEBI?
SEBI is a statutory regulatory body established on the 12th of April, 1992. It monitors and regulates the Indian capital and securities market while ensuring to protect the interests of the investors, formulating regulations and guidelines. The head office of SEBI is at Bandra Kurla Complex, Mumbai.
What is SEBI in simple words?
The Securities and Exchange Board of India (SEBI) is the leading regulator securities markets in India, analogous to the Securities and Exchange Commission in the U.S. SEBI has wide-ranging regulatory, investigative, and enforcement powers, including the ability to impose fines on violators.
Is STT paid on Mutual Funds?
When it comes to mutual funds, only equity printed funds attract an STT payment. If you’ve invested in a debt oriented fund, then no STT is liable on it.
What is the role of AMFI in mutual fund?
The Association of Mutual Funds in India (AMFI) is dedicated to developing the Indian Mutual Fund Industry on professional, healthy and ethical lines and to enhance and maintain standards in all areas with a view to protecting and promoting the interests of mutual funds and their unit holders.
Which body regulates mutual funds?
SEBI
As far as mutual funds are concerned, SEBI formulates policies, regulates and supervises mutual funds to protect the interest of the investors. SEBI notified regulations for mutual funds in 1993.
