Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
Don't have an account? Register Here
<h1>SEBI Amends Mutual Funds Regulations: Allows Private Placement for Infrastructure Debt Funds with New Investor Categories.</h1> The circular from the Securities and Exchange Board of India (SEBI) outlines amendments to the SEBI (Mutual Funds) Regulations, 1996, specifically regarding Infrastructure Debt Funds (IDFs). It permits private placement to fewer than 50 investors as an alternative to public New Fund Offers. Mutual funds must file a Placement Memorandum with SEBI under this private placement. The circular expands the category of strategic investors in IDFs to include certain Foreign Institutional Investors (FIIs) and mandates that investments in bank loans be made through securitization. The circular aims to protect investor interests and promote securities market development.