https://www.taxtmi.com/acts?id=41833 During market dislocation the Corporate Debt Market Development Fund may purchase listed, investment grade corporate debt securities from specified mutual fund schemes that have limited residual maturity and no material default risk, with the Board deciding the trigger and reversal. Purchases are pro rata to mutual fund contributions, priced fairly with adjustments for liquidity, interest rate and credit risks but not at distress prices, held to maturity or sold on reversal, and sellers may share losses above their pro rata holdings; outside dislocation the Fund invests in liquid, low risk debt instruments and follows Board specifications. en-us Mon, 19 Jun 2023 18:49:29 +0530 Thu, 29 Aug 2024 14:19:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=41833 During market dislocation the Corporate Debt Market Development Fund may purchase listed, investment grade corporate debt securities from specified mutual fund schemes that have limited residual maturity and no material default risk, with the Board deciding the trigger and reversal. Purchases are pro rata to mutual fund contributions, priced fairly with adjustments for liquidity, interest rate and credit risks but not at distress prices, held to maturity or sold on reversal, and sellers may share losses above their pro rata holdings; outside dislocation the Fund invests in liquid, low risk debt instruments and follows Board specifications. Act-Rules SEBI Mon, 19 Jun 2023 18:49:29 +0530 https://www.taxtmi.com/acts?id=41833