Mutual fund schemes (except equity linked savings schemes) have offering periods set by the Board; initial subscriptions follow that timing. Regulation 31 provides that the offering period for mutual fund schemes, other than equity linked savings schemes, shall be open for initial subscription ... Summary
Mutual fund schemes (except equity linked savings schemes) have offering periods set by the Board; initial subscriptions follow that timing.
Regulation 31 provides that the offering period for mutual fund schemes, other than equity linked savings schemes, shall be open for initial subscription for such time as may be specified by the Board, placing the duration of initial offers under Board-specified regulatory control.
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