Limits on parking mutual fund cash in short term bank deposits set formal concentration, fee and disclosure controls. Parking of mutual fund cash pending deployment is regulated by limits, holding and reporting requirements for short term bank deposits. Short Term deposits are placements not exceeding ninety one days and must be held in the name of the scheme. Aggregate and per bank concentration limits restrict parking to fifteen percent of net assets across scheduled commercial banks (raiseable to twenty percent with trustee approval), with associate/sponsor bank exposure capped and a per bank ceiling. AMCs may not charge fees for such parking; trustees and AMCs must certify and disclose parked funds in periodic reports.