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As per media reports, the Securities and Exchange Board of India has extended the deadline for implementation of stewardship code to Jul 1, 2020 considering the prevailing situation owing to the coronavirus pandemic. This step comes after the capital market regulator was requested by the Association of Mutual Funds of India (AMFI) and the Indian Association of Alternative Investment Funds (IAAIF) to push forward the deadline and relax the compliance burden on mutual fund companies and alternative investment funds (AIFs).