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<h1>Trust deed registration required for mutual fund lite: Board specified deed must be executed and registered under the Registration Act.</h1> Regulation 83 mandates that a mutual fund lite be constituted as a trust with a trust deed in the form specified by the Board, duly registered under the Registration Act, and executed by the mutual fund lite asset management company in favour of the trustees; where the sponsor is disassociated, the deed signatory shall be as specified by the Board.