https://www.taxtmi.com/circulars?id=59341 Capital protection oriented schemes must be designated and disclosed as oriented to capital protection but not guaranteeing returns, with protection arising from portfolio structure rather than external guarantees. The proposed portfolio must be rated by a SEBI registered credit rating agency, reviewed quarterly, with trustees and the AMC reporting on portfolio structure in half yearly and bi monthly reports respectively, the debt component carrying highest investment grade, schemes being close ended, and no repurchases before maturity. en-us Mon, 14 Aug 2006 00:00:00 +0530 Mon, 28 Jan 2019 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=59341 Capital protection oriented schemes must be designated and disclosed as oriented to capital protection but not guaranteeing returns, with protection arising from portfolio structure rather than external guarantees. The proposed portfolio must be rated by a SEBI registered credit rating agency, reviewed quarterly, with trustees and the AMC reporting on portfolio structure in half yearly and bi monthly reports respectively, the debt component carrying highest investment grade, schemes being close ended, and no repurchases before maturity. Circulars SEBI Mon, 14 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/circulars?id=59341