TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>SEBI Circular: Mutual Funds Can't Park in Bank STDs if Bank Invests in Same Scheme; Ensures Investor Protection.</h1> The circular issued by SEBI addresses the parking of funds in Short Term Deposits (STDs) of scheduled commercial banks by mutual funds pending deployment. It mandates that Trustees and Asset Management Companies (AMCs) ensure no funds from a scheme are parked in the STD of a bank that has invested in that scheme. Additionally, it requires that banks where a scheme has an STD should not invest in the same scheme until the scheme's STD with the bank is concluded. This directive is to protect investor interests and regulate the securities market.
TaxTMI 
TaxTMI 
