https://www.taxtmi.com/highlights?id=84040 The Corporate Debt Market Development Fund (CDMDF) has been classified as a Category I Alternative Investment Fund under Regulation 3(4)(a) of the SEBI (Alternative Investment Funds) Regulations, 2012. CDMDF was set up under Chapter III-C to act as a backstop facility for purchasing investment grade corporate debt securities during market stress periods to enhance secondary market liquidity. Despite having a separate framework under Regulation 19, CDMDF falls under Category I AIF given its broader economic objective of developing the corporate bond market. en-us Mon, 16 Dec 2024 15:54:55 +0530 Mon, 16 Dec 2024 15:54:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=84040 The Corporate Debt Market Development Fund (CDMDF) has been classified as a Category I Alternative Investment Fund under Regulation 3(4)(a) of the SEBI (Alternative Investment Funds) Regulations, 2012. CDMDF was set up under Chapter III-C to act as a backstop facility for purchasing investment grade corporate debt securities during market stress periods to enhance secondary market liquidity. Despite having a separate framework under Regulation 19, CDMDF falls under Category I AIF given its broader economic objective of developing the corporate bond market. Highlights SEBI Mon, 16 Dec 2024 15:54:55 +0530 https://www.taxtmi.com/highlights?id=84040