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 strategies must follow mutual fund launch procedures and disclose subscription and redemption frequency. Investment strategies under the Specialized Investment Fund must be launched following the procedure applicable to mutual fund schemes and any Board specifications; they may be open ended, close ended, or interval with subscription and redemption frequency clearly disclosed in the offer document; fees and expenses for these strategies are governed by the fund's fees and expenses framework.
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 strategies must follow mutual fund launch procedures and disclose subscription and redemption frequency.
Investment strategies under the Specialized Investment Fund must be launched following the procedure applicable to mutual fund schemes and any Board specifications; they may be open ended, close ended, or interval with subscription and redemption frequency clearly disclosed in the offer document; fees and expenses for these strategies are governed by the fund's fees and expenses framework.
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