Parking of funds in short-term bank deposits: term deposits used as derivatives margin limited to a maximum of 182 days. The circular clarifies that term deposits placed as margin for derivatives trading by mutual funds shall not exceed 182 days, specifying the permissible tenure for short-term bank deposits used as margin and reiterating earlier guidance on parking of funds pending deployment.
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.
Parking of funds in short-term bank deposits: term deposits used as derivatives margin limited to a maximum of 182 days.
The circular clarifies that term deposits placed as margin for derivatives trading by mutual funds shall not exceed 182 days, specifying the permissible tenure for short-term bank deposits used as margin and reiterating earlier guidance on parking of funds pending deployment.
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