Chapter VIII - NET ASSET VALUE AND TIMELINES FOR ALLOTMENT OF MUTUAL FUND UNITS AND PAYMENT OF INVESTMENT PROCEEDS (From Regulation 43 to Regulation 46)
Specialized Investment Fund approval allowed for eligible mutual funds without requiring a separate trust for strategies. Regulation 48 permits a mutual fund registered under clause (e) of regulation 3 to obtain approval to launch a Specialized Investment Fund subject to eligibility criteria and Board-specified procedures, and it specifies that the mutual fund need not establish a separate trust to launch any investment strategy under the Specialized Investment 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.
Specialized Investment Fund approval allowed for eligible mutual funds without requiring a separate trust for strategies.
Regulation 48 permits a mutual fund registered under clause (e) of regulation 3 to obtain approval to launch a Specialized Investment Fund subject to eligibility criteria and Board-specified procedures, and it specifies that the mutual fund need not establish a separate trust to launch any investment strategy under the Specialized Investment Fund.
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