Mandatory investment in Corporate Debt Market Development Fund requires mutual funds and AMCs to allocate specified portions of assets. Regulation 43A mandates that mutual funds invest specified percentages of net assets of designated scheme categories in units of the Corporate Debt Market ... Summary
Mandatory investment in Corporate Debt Market Development Fund requires mutual funds and AMCs to allocate specified portions of assets.
Regulation 43A mandates that mutual funds invest specified percentages of net assets of designated scheme categories in units of the Corporate Debt Market Development Fund, and that asset management companies invest specified percentages of assets under management in units of the Fund, with the Fund defined by reference to the Alternative Investment Funds Regulations, 2012.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.