<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributors&#039; eligibility temporarily.</title>
    <link>https://www.taxtmi.com/highlights?id=101965</link>
    <description>Persons selling or distributing Specialized Investment Fund products must hold a valid NISM Series-V-D Mutual Fund-Specialized Investment Fund Distributors Certification, which also permits distribution of Mutual Fund products without a separate NISM Series V-A certification. Distributors dealing only in Mutual Fund products must continue to hold NISM Series V-A certification. The Common Derivatives Certification requirement for SIF distribution ceases after September 21, 2026. Existing SIF distributors with a valid Common Derivatives Certification obtained by that date may rely on it until expiry, provided they retain valid Series V-A certification during the transition. AMFI and AMCs must ensure distributor and agent compliance; the revised requirements apply immediately.</description>
    <language>en-us</language>
    <pubDate>Wed, 22 Jul 2026 18:50:47 +0530</pubDate>
    <lastBuildDate>Wed, 22 Jul 2026 18:50:47 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=913002" rel="self" type="application/rss+xml"/>
    <item>
      <title>Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributors&#039; eligibility temporarily.</title>
      <link>https://www.taxtmi.com/highlights?id=101965</link>
      <description>Persons selling or distributing Specialized Investment Fund products must hold a valid NISM Series-V-D Mutual Fund-Specialized Investment Fund Distributors Certification, which also permits distribution of Mutual Fund products without a separate NISM Series V-A certification. Distributors dealing only in Mutual Fund products must continue to hold NISM Series V-A certification. The Common Derivatives Certification requirement for SIF distribution ceases after September 21, 2026. Existing SIF distributors with a valid Common Derivatives Certification obtained by that date may rely on it until expiry, provided they retain valid Series V-A certification during the transition. AMFI and AMCs must ensure distributor and agent compliance; the revised requirements apply immediately.</description>
      <category>Highlights</category>
      <law>SEBI</law>
      <pubDate>Wed, 22 Jul 2026 18:50:47 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=101965</guid>
    </item>
  </channel>
</rss>