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 ... Summary
Securities and Exchange Board of India (Mutual Funds) Regulations, 2026
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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