https://www.taxtmi.com/circulars?id=59221 The amendments define an index fund scheme, impose reduced caps on investment/advisory fees and total expenses for index funds, permit mutual funds to engage in short selling and securities lending and borrowing and allow derivatives transactions on recognised exchanges subject to Board-prescribed frameworks, while maintaining a prohibition on carry forward transactions and retaining delivery-based trading obligations with provisos for Board-authorised short selling and derivatives activity. en-us Fri, 16 Nov 2007 00:00:00 +0530 Sat, 19 Jan 2019 17:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59221 The amendments define an index fund scheme, impose reduced caps on investment/advisory fees and total expenses for index funds, permit mutual funds to engage in short selling and securities lending and borrowing and allow derivatives transactions on recognised exchanges subject to Board-prescribed frameworks, while maintaining a prohibition on carry forward transactions and retaining delivery-based trading obligations with provisos for Board-authorised short selling and derivatives activity. Circulars SEBI Fri, 16 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59221