Inter-scheme transfers restricted: allowed only for specified liquidity or rebalancing needs with strict compliance and documentation. Guidelines limit Inter Scheme Transfers (ISTs) to narrow circumstances: for close ended schemes only within three business days post NFO; for open ended schemes to meet liquidity after exhausting cash, optional market borrowing, and market sales, or to rebalance duration/issuer/sector/group and cure regulatory breaches. ISTs must not involve securities with adverse media or internal credit alerts in the prior four months. Trustees and senior investment and compliance officers must ensure compliance, maintain prescribed templates and evidence, and address credit risk scheme misuse via incentive adjustment mechanisms; downgrades within four months require trustee justification from the buying fund manager.