Permitted mutual fund investments: schemes must invest only in prescribed instruments consistent with scheme objectives. Regulation 43 limits mutual fund investments to prescribed asset classes-securities, money market instruments, privately placed debentures, securitised debt (asset backed or mortgage backed) and other Board specified assets-and mandates that any investment be in accordance with the investment objective of the relevant scheme. It further confines money market schemes to money market instruments and requires ETFs and specialized schemes (gold, silver, real estate, infrastructure debt, ESG, and Specialized Investment Funds) to invest only in instruments and manners specified by the Regulations and the Board.
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.
Permitted mutual fund investments: schemes must invest only in prescribed instruments consistent with scheme objectives.
Regulation 43 limits mutual fund investments to prescribed asset classes-securities, money market instruments, privately placed debentures, securitised debt (asset backed or mortgage backed) and other Board specified assets-and mandates that any investment be in accordance with the investment objective of the relevant scheme. It further confines money market schemes to money market instruments and requires ETFs and specialized schemes (gold, silver, real estate, infrastructure debt, ESG, and Specialized Investment Funds) to invest only in instruments and manners specified by the Regulations and the Board.
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