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: minimum investment ten lakh rupees except accredited investors; fund manager NISM certification; mutual fund rules apply. Specialized Investment Fund must impose a minimum investment threshold of ten lakh rupees per investor except for accredited investors; the fund manager must hold the relevant NISM certification specified by the Board; and all provisions applicable to mutual fund schemes apply to Investment Strategies under the Specialized Investment Fund unless otherwise specified.
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: minimum investment ten lakh rupees except accredited investors; fund manager NISM certification; mutual fund rules apply.
Specialized Investment Fund must impose a minimum investment threshold of ten lakh rupees per investor except for accredited investors; the fund manager must hold the relevant NISM certification specified by the Board; and all provisions applicable to mutual fund schemes apply to Investment Strategies under the Specialized Investment Fund unless otherwise specified.
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