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 investment rules limit holdings to listed securities with narrow exceptions and set Board-prescribed conditions for inter-scheme and unrated debt investments. Mutual funds must invest predominantly in listed or to-be-listed securities, with limited exceptions for unlisted Government Securities, certain money market instruments and specified unlisted non-convertible debentures; unrated debt and inter-scheme investments are subject to Board conditions and limits, while schemes are prohibited from investing in fund of funds schemes.
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 investment rules limit holdings to listed securities with narrow exceptions and set Board-prescribed conditions for inter-scheme and unrated debt investments.
Mutual funds must invest predominantly in listed or to-be-listed securities, with limited exceptions for unlisted Government Securities, certain money market instruments and specified unlisted non-convertible debentures; unrated debt and inter-scheme investments are subject to Board conditions and limits, while schemes are prohibited from investing in fund of funds schemes.
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