Chapter VIII - NET ASSET VALUE AND TIMELINES FOR ALLOTMENT OF MUTUAL FUND UNITS AND PAYMENT OF INVESTMENT PROCEEDS (From Regulation 43 to Regulation 46)
Mutual fund investment rules limit schemes to specified securities, money market instruments, debt, securitised assets, and metals. Asset management companies must invest mutual fund scheme funds only in permitted asset classes-securities, money market instruments, privately placed debentures, asset backed or mortgage backed securitised debt, gold and silver (and related instruments), and any other assets the Board may specify-subject to the scheme's investment objective and the Mutual Fund Regulations; the Board may prescribe conditions for investments by mutual fund schemes and Specialized Investment Funds.
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.
Mutual fund investment rules limit schemes to specified securities, money market instruments, debt, securitised assets, and metals.
Asset management companies must invest mutual fund scheme funds only in permitted asset classes-securities, money market instruments, privately placed debentures, asset backed or mortgage backed securitised debt, gold and silver (and related instruments), and any other assets the Board may specify-subject to the scheme's investment objective and the Mutual Fund Regulations; the Board may prescribe conditions for investments by mutual fund schemes and Specialized Investment Funds.
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