Definitions: Mutual fund regulatory terms clarify entities, scheme types, governance and market-related concepts for fund regulation. Regulation 2 sets out the central definitions for mutual fund regulation, defining mutual fund, asset management company, sponsor, trustee(s), unit and unit holder, and specifying scheme types (open-ended, close-ended, index funds, ETFs, fund of funds, money market and commodity-linked schemes). It also defines governance and market concepts including control, associate, networth, NAV, liquid networth and market abuse, and provides that terms not defined herein shall have the meanings assigned by relevant securities and corporate statutes.
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.
Definitions: Mutual fund regulatory terms clarify entities, scheme types, governance and market-related concepts for fund regulation.
Regulation 2 sets out the central definitions for mutual fund regulation, defining mutual fund, asset management company, sponsor, trustee(s), unit and unit holder, and specifying scheme types (open-ended, close-ended, index funds, ETFs, fund of funds, money market and commodity-linked schemes). It also defines governance and market concepts including control, associate, networth, NAV, liquid networth and market abuse, and provides that terms not defined herein shall have the meanings assigned by relevant securities and corporate statutes.
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