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    <title>Central Government specifies ABN Amro Bank Money Market Mutual Fund u/s 10(23D)(ii)</title>
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    <description>Designation under section 10(23D)(ii) specifies ABN Amro Bank Money Market Mutual Fund as a departmental money market mutual fund operating as Money Market Deposit Accounts (MMDAs), managed by a separate fund manager and subject to RBI and SEBI regulatory conditions. Investments are restricted to specified short term instruments, with a combined individual issuer cap on commercial paper and short term corporate bonds, prohibition on capital market instruments and inter scheme/sponsor lending, mandatory separate accounts and independent audits, NAV calculation and disclosure, minimum fifteen day lock in with repurchase options, and periodic reporting to the Reserve Bank of India.</description>
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    <pubDate>Thu, 08 Jul 1999 00:00:00 +0530</pubDate>
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