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 Sets New Liquidity Risk Management Norms for Open-Ended Debt Schemes, Excluding Specific Gilt Funds; Effective December 2021.</h1> The circular issued by SEBI outlines prudential norms for liquidity risk management in open-ended debt schemes, excluding Overnight, Gilt, and Gilt Fund with a 10-year constant duration. It mandates the Association of Mutual Funds in India (AMFI) to develop a framework for managing liquidity risk within a month, based on committee recommendations. The circular clarifies regulatory limit calculations, specifying a base of 100% of Net Assets for most limits, while asset allocation limits will exclude 10% liquid assets. The framework will be effective from December 1, 2021, with discretionary early adoption by mutual funds.
TaxTMI 
TaxTMI 
