Specialized Investment Funds must follow modified compliance reporting formats including expanded CTR Part IV and HYTR Clause 72A. Asset Management Companies managing Specialized Investment Funds must apply mutual fund reporting obligations under Regulation 49V(2) and submit an expanded Compliance Test Report including a new Part IV (Annexure A1) covering minimum investment thresholds, fund manager certification, permissible strategies, limits on fees and expenses, issuer limits, ownership restrictions, INVIT/REIT and derivative limits, product differentiation, branding and disclosure requirements, portfolio and offer document disclosures, subscription/redemption terms, listing, benchmarking, distribution and scenario analysis; trustees must report SIF compliance in HYTR Clause 72A confirming AMC expertise, controls, risk management and adherence to regulatory restrictions and disclosure norms.
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Provisions expressly mentioned in the judgment/order text.
Specialized Investment Funds must follow modified compliance reporting formats including expanded CTR Part IV and HYTR Clause 72A.
Asset Management Companies managing Specialized Investment Funds must apply mutual fund reporting obligations under Regulation 49V(2) and submit an expanded Compliance Test Report including a new Part IV (Annexure A1) covering minimum investment thresholds, fund manager certification, permissible strategies, limits on fees and expenses, issuer limits, ownership restrictions, INVIT/REIT and derivative limits, product differentiation, branding and disclosure requirements, portfolio and offer document disclosures, subscription/redemption terms, listing, benchmarking, distribution and scenario analysis; trustees must report SIF compliance in HYTR Clause 72A confirming AMC expertise, controls, risk management and adherence to regulatory restrictions and disclosure norms.
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