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Options
-
The advertisements can use celebrities for endorsements.
Correct answer
- B
The advertisements can show past performance of the scheme.
- C
The advertisements can show the return numbers.
- D
All of the above are incorrect.
Why this is the answer
As per SEBI’s Advertisement Code for Mutual Funds, mutual fund advertisements cannot feature celebrities. (AMFI can use celebrities for promotion, but individual mutual funds cannot.)
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