https://www.taxtmi.com/circulars?id=64869 AMFI must prescribe a liquidity risk management framework for open ended debt schemes (excluding specified gilt and overnight funds) to govern holding of liquid assets and stress testing, to be adopted by all AMCs. SEBI clarifies that for regulatory calculations other than asset allocation limits the base is 100% of Net Assets, whereas for certain asset allocation limits the base is Net Assets excluding the minimum stipulated liquid assets, with an illustrative example provided. en-us Fri, 25 Jun 2021 00:00:00 +0530 Sat, 26 Jun 2021 10:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64869 AMFI must prescribe a liquidity risk management framework for open ended debt schemes (excluding specified gilt and overnight funds) to govern holding of liquid assets and stress testing, to be adopted by all AMCs. SEBI clarifies that for regulatory calculations other than asset allocation limits the base is 100% of Net Assets, whereas for certain asset allocation limits the base is Net Assets excluding the minimum stipulated liquid assets, with an illustrative example provided. Circulars SEBI Fri, 25 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64869