https://www.taxtmi.com/circulars?id=64529 SEBI requires most open ended debt schemes to hold at least ten percent of net assets in liquid assets (cash, government securities, T bills, repo on government securities), excludes these holdings from scheme characteristic calculations, and mandates AMCs to restore such exposure before further investments if breached; additionally, all open ended debt schemes except overnight schemes must conduct stress testing under AMC stipulated guidelines, with a committee to review norms and methodology. en-us Fri, 06 Nov 2020 00:00:00 +0530 Fri, 06 Nov 2020 18:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64529 SEBI requires most open ended debt schemes to hold at least ten percent of net assets in liquid assets (cash, government securities, T bills, repo on government securities), excludes these holdings from scheme characteristic calculations, and mandates AMCs to restore such exposure before further investments if breached; additionally, all open ended debt schemes except overnight schemes must conduct stress testing under AMC stipulated guidelines, with a committee to review norms and methodology. Circulars SEBI Fri, 06 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64529