<?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>Obligation and Responsibilities of Eligible Fund Managers</title>
    <link>https://www.taxtmi.com/acts?id=56699</link>
    <description>Eligible fund managers must provide agreed investment or advisory services, make material disclosures, and operate under mutually agreed contracts. They must segregate eligible investment fund assets and accounts from those of other funds and clients, appoint a custodian for Indian investments where required, and keep funds in scheduled commercial banks subject to stated exceptions. They must also maintain specified records, submit monthly reports, comply with anti-money-laundering law, and follow applicable portfolio management and foreign portfolio investment requirements.</description>
    <language>en-us</language>
    <pubDate>Wed, 14 Oct 2026 15:47:36 +0530</pubDate>
    <lastBuildDate>Wed, 14 Oct 2026 15:47:36 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=929906" rel="self" type="application/rss+xml"/>
    <item>
      <title>Obligation and Responsibilities of Eligible Fund Managers</title>
      <link>https://www.taxtmi.com/acts?id=56699</link>
      <description>Eligible fund managers must provide agreed investment or advisory services, make material disclosures, and operate under mutually agreed contracts. They must segregate eligible investment fund assets and accounts from those of other funds and clients, appoint a custodian for Indian investments where required, and keep funds in scheduled commercial banks subject to stated exceptions. They must also maintain specified records, submit monthly reports, comply with anti-money-laundering law, and follow applicable portfolio management and foreign portfolio investment requirements.</description>
      <category>Act-Rules</category>
      <law>SEBI</law>
      <pubDate>Wed, 14 Oct 2026 15:47:36 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/acts?id=56699</guid>
    </item>
  </channel>
</rss>