Retail scheme structure requires IFSC company or trust formation, with tenure rules and flexible investment strategy options. Retail schemes may be open-ended or close-ended. Close-ended schemes require a minimum three-year tenure disclosed in the offer document, and may be ... Summary
Retail scheme structure requires IFSC company or trust formation, with tenure rules and flexible investment strategy options.
Retail schemes may be open-ended or close-ended. Close-ended schemes require a minimum three-year tenure disclosed in the offer document, and may be extended by up to two years with approval of investors holding two-thirds by investment value and approval of the Authority. Retail schemes must be established in an International Financial Services Centre as a company or trust under applicable Indian law and may pursue social venture, infrastructure, ESG, sectoral, thematic, asset-class, combined, retirement, or children's education investment strategies, subject to specified conditions.
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