https://www.taxtmi.com/acts?id=35243 An applicant seeking registration to launch only real estate mutual fund schemes must have carried on real estate business for at least five years and meet regulation 7 eligibility (with a specified exclusion). A scheme may not invest in certain securities under regulation 49E unless the fund has key personnel with adequate professional experience in finance and financial services, and an existing mutual fund may launch such a scheme only if it has sufficient key personnel and directors with real estate experience. en-us Sat, 19 Jan 2019 17:50:02 +0530 Fri, 06 Sep 2024 16:48:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=35243 An applicant seeking registration to launch only real estate mutual fund schemes must have carried on real estate business for at least five years and meet regulation 7 eligibility (with a specified exclusion). A scheme may not invest in certain securities under regulation 49E unless the fund has key personnel with adequate professional experience in finance and financial services, and an existing mutual fund may launch such a scheme only if it has sufficient key personnel and directors with real estate experience. Act-Rules SEBI Sat, 19 Jan 2019 17:50:02 +0530 https://www.taxtmi.com/acts?id=35243