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 and asset management company investment in Corporate Debt Market Development Fund required at Board-specified percentages. Regulation 40 requires mutual funds to invest a Board-specified percentage of the net assets of specified scheme categories in units of the Corporate Debt Market Development Fund, and requires asset management companies to invest a Board-specified percentage of assets under management in units of the same Fund.
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 and asset management company investment in Corporate Debt Market Development Fund required at Board-specified percentages.
Regulation 40 requires mutual funds to invest a Board-specified percentage of the net assets of specified scheme categories in units of the Corporate Debt Market Development Fund, and requires asset management companies to invest a Board-specified percentage of assets under management in units of the same Fund.
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