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    <title>Investment by Mutual Fund Schemes</title>
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    <description>Asset management companies must invest mutual fund scheme funds only in permitted asset classes-securities, money market instruments, privately placed debentures, asset backed or mortgage backed securitised debt, gold and silver (and related instruments), and any other assets the Board may specify-subject to the scheme&#039;s investment objective and the Mutual Fund Regulations; the Board may prescribe conditions for investments by mutual fund schemes and Specialized Investment Funds.</description>
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      <description>Asset management companies must invest mutual fund scheme funds only in permitted asset classes-securities, money market instruments, privately placed debentures, asset backed or mortgage backed securitised debt, gold and silver (and related instruments), and any other assets the Board may specify-subject to the scheme&#039;s investment objective and the Mutual Fund Regulations; the Board may prescribe conditions for investments by mutual fund schemes and Specialized Investment Funds.</description>
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