Circular on Mutual Funds

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....permitted cash transaction in mutual funds to the extent of `20,000/- per investor, per mutual fund, per financial year. 2. In partial modification to para I (1) of the aforesaid circular, it has been decided to increase the limit of cash transactions in mutual funds from the existing limit of `20,000/- per investor, per mutual fund, per financial year to `50,000/- per investor, per mutual fund,....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ey Market Mutual Fund (MMMF) schemes, thus, in partial modification to aforesaid circulars, it has been decided that - a. In point 1.1 (iii) of the guidelines for Investment/Trading in Securities by Employees of Asset Management Companies (AMCs) and Trustees of Mutual Funds, along-with MMMF schemes, Liquid schemes shall be added in list of securities to which the aforesaid guidelines do not appl....