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Financial amp; non-financial transactions to be executed only if there is a service agreement between AMC and service provider: SEBI

October 4, 2021
Based on the discussions with stakeholders and recommendations of the Mutual Fund Advisory Committee, the SEBI has decided with respect to transactions in the units of Mutual Funds undertaken through service providers/platforms other than stock exchanges. As a result, AMCs need to ensure that the transactions (financial/ non-financial) can be executed only if there is a service agreement between the AMC and the service provider / platform.
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