https://www.taxtmi.com/acts?id=35210 AMCs are barred from acting as trustees and are restricted to management and advisory services for pooled assets; they may undertake ancillary activities only if activity wise segregation of accounts and personnel exists, capital adequacy and approvals are met, material conflicts are prevented or disclosed to trustees and unit holders, separate fund managers are appointed for distinct funds unless objectives and portfolios are identical, fair investor treatment and independence of personnel remuneration are ensured, and limited portfolio management and proprietary trading in the debt segment are permitted subject to specified safeguards. en-us Sat, 19 Jan 2019 14:15:52 +0530 Fri, 06 Sep 2024 14:50:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35210 AMCs are barred from acting as trustees and are restricted to management and advisory services for pooled assets; they may undertake ancillary activities only if activity wise segregation of accounts and personnel exists, capital adequacy and approvals are met, material conflicts are prevented or disclosed to trustees and unit holders, separate fund managers are appointed for distinct funds unless objectives and portfolios are identical, fair investor treatment and independence of personnel remuneration are ensured, and limited portfolio management and proprietary trading in the debt segment are permitted subject to specified safeguards. Act-Rules SEBI Sat, 19 Jan 2019 14:15:52 +0530 https://www.taxtmi.com/acts?id=35210