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Portfolio Managers – Deployment of clients fund in liquid Mutual Funds.

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Full Text of the Document

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.... Deployment of clients fund in liquid Mutual Funds. 1. SEBI has received representation from various portfolio managers seeking clarification regarding investment in short term liquid Mutual Funds by portfolio managers. 2. It is hereby clarified that pending investment of funds, any short term deployment of funds in liquid Mutual Funds for the purpose of cash management shall be maintained o....

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