Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999 Chapter V COLLECTIVE INVESTMENT SCHEMES OF COLLECTIVE INVESTMENT MANAGEMENT COMPANY
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No guaranteed returns: collective investment schemes may not assure returns; only appraised indicative returns may be disclosed. Collective investment schemes are prohibited from offering guaranteed or assured returns; an indicative return may be shown in the offer document only if assessed by an appraising agency and expressed in monetary terms.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
No guaranteed returns: collective investment schemes may not assure returns; only appraised indicative returns may be disclosed.
Collective investment schemes are prohibited from offering guaranteed or assured returns; an indicative return may be shown in the offer document only if assessed by an appraising agency and expressed in monetary terms.
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