https://www.taxtmi.com/circulars?id=58535 Interval schemes must be listed and permit redemption only during a specified transaction period of minimum two working days, with each interval at least fifteen days; investments are limited to securities maturing on or before the opening of the next specified transaction period, including constraints on put/call residual periods. Uniform NAV cut-off rules require applications and full subscription funds to be credited and available for utilization before the cut-off without availing credit, with parallel requirements for switch-ins and for income/debt schemes. en-us Fri, 26 Nov 2010 00:00:00 +0530 Fri, 21 Dec 2018 10:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=58535 Interval schemes must be listed and permit redemption only during a specified transaction period of minimum two working days, with each interval at least fifteen days; investments are limited to securities maturing on or before the opening of the next specified transaction period, including constraints on put/call residual periods. Uniform NAV cut-off rules require applications and full subscription funds to be credited and available for utilization before the cut-off without availing credit, with parallel requirements for switch-ins and for income/debt schemes. Circulars SEBI Fri, 26 Nov 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=58535