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    <description>Restricted non-retail schemes may invest in unlisted or listed securities, money-market and debt instruments, securitised debt, units of other investment schemes, derivatives, limited liability partnerships, and Authority-specified financial products. Required placement memorandum disclosures apply to investments in other schemes and derivatives. Pending deployment, the fund management entity may use specified liquid investments. Investments must comply with the regulations, the scheme&#039;s investment objective and placement memorandum disclosures. Close-ended schemes may invest up to twenty per cent of corpus in specified physical assets.</description>
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