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of <h1>New Rules Limit Investment Scheme Subscription to 15 Days, Extendable by Notice, Per Regulation 30.</h1> Regulation 30 of the Securities and Exchange Board of India (Collective Investment Schemes) Regulations, 1999, as amended, stipulates that a collective investment scheme cannot remain open for subscription for more than fifteen days. However, it may be extended for an additional fifteen days if the Collective Investment Management Company issues a public notice before the initial period expires. This regulation was updated in 2022, reducing the maximum offer period from the previous limit of ninety days.
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