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    <title>Applicability of Investment Restrictions for Securitised Debt</title>
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    <description>Restrictions on debt securities under Clause 1 of Schedule VII to the SEBI (Mutual Funds) Regulations, 1996 do not apply at the originator level for investments in securitised debt; mutual funds&#039; investments in mortgage backed and asset backed securities therefore need not be subject to originator level exposure caps. This clarification is issued to all registered mutual funds and AMFI under Regulation 77 of the SEBI (Mutual Funds) Regulations, 1996.</description>
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      <title>Applicability of Investment Restrictions for Securitised Debt</title>
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      <description>Restrictions on debt securities under Clause 1 of Schedule VII to the SEBI (Mutual Funds) Regulations, 1996 do not apply at the originator level for investments in securitised debt; mutual funds&#039; investments in mortgage backed and asset backed securities therefore need not be subject to originator level exposure caps. This clarification is issued to all registered mutual funds and AMFI under Regulation 77 of the SEBI (Mutual Funds) Regulations, 1996.</description>
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      <pubDate>Wed, 29 Mar 2006 00:00:00 +0530</pubDate>
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