https://www.taxtmi.com/acts?id=46267 Regulation sets networth requirements for mutual fund lite asset management companies, with higher initial thresholds when sponsor eligibility conditions are unmet and a permitted reduction after sustained profits. Loans and advances to sponsor, associates, or group companies are excluded from networth computation. The required networth must be maintained continuously, the sponsor is responsible for compliance, and exceeding specified assets under management thresholds brings the Chapter IV net worth requirements into effect. en-us Tue, 17 Dec 2024 14:10:52 +0530 Tue, 17 Dec 2024 14:10:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=46267 Regulation sets networth requirements for mutual fund lite asset management companies, with higher initial thresholds when sponsor eligibility conditions are unmet and a permitted reduction after sustained profits. Loans and advances to sponsor, associates, or group companies are excluded from networth computation. The required networth must be maintained continuously, the sponsor is responsible for compliance, and exceeding specified assets under management thresholds brings the Chapter IV net worth requirements into effect. Act-Rules SEBI Tue, 17 Dec 2024 14:10:52 +0530 https://www.taxtmi.com/acts?id=46267