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Definitions
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....ition of associate shall not be applicable to such sponsors, which invest in various companies on behalf of the beneficiaries of insurance policies or such other schemes as may be specified by the Board from time to time.] ^23[(d)"asset management company" means a company formed and registered under the Companies Act 1956 (1 of 1956) or Companies Act, 2013 (18 of 2013) and approved by the Board under sub regulation (2) of regulation 21;] (e) "broker" means a stock broker as defined in Securities and Exchange Board of India ^24[(Stock Brokers) Regulations, 1992]; ^2[(ea) "capital protection oriented scheme" means a mutual fund scheme which is designated as such and, which ^25[endeavours] to protect the capital invested therein through suitable orientation of its portfolio structure;] (f) "close-ended scheme" means any scheme of a mutual fund in which the period of maturity of the scheme is specified; (g) "control" means,- (i) in the case of a company any person ^26[,either individually or together with persons acting in concert,] who directly or indirectly own, control or hold shares carrying not less than 10% of the voting right....
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....ntracts (Regulation) Act, 1956 and forming the underlying of any commodity derivative;] ^31[(mm)"group" means a group as defined in clause (b) of the Explanation to Section 5 of the Competition Act, 2002 (12 of 2003).] ^7[(mn)"index fund scheme" means a mutual fund scheme that invests in securities in the same proportion as an index of securities;] ^8[(mo) "InvIT" or "Infrastructure Investment Trust" shall have the meaning assigned in clause (za) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India (Infrastructure Investment Trusts) Regulations, 2014;] (n) "inspecting officer" means any person appointed as such by the Board under Chapter VIII; ^43[(na) "Liquid networth" means the networth deployed in liquid assets which are unencumbered and shall include cash, money market instruments, Government Securities, Treasury bills, Repo on Government securities and any other like instruments as specified by the Board from time to time.] ^48[(nb) "market abuse" includes manipulative, fraudulent and unfair trade practices which may contravene Section 12A of the Act or any of the provisions of the Securities ....
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....ue of a placement memorandum and which is not being calculated to result, directly or indirectly in the units becoming available for subscription or purchase by persons other than those receiving the offer or invitation;] ^13[(sb) "REIT" or "Real Estate Investment Trust" shall have the meaning assigned in clause (zm) of sub-regulation 1 of regulation 2 of the Securities and Exchange Board of India (Real Estate Investment Trusts) Regulations, 2014;] ^14[^15(sc) "real estate mutual fund scheme" means a mutual fund scheme that invests directly or indirectly in real estate assets or other permissible assets in accordance with these regulations;] ^34[(t)"relative" means a person as defined in section 2(77) of the Companies Act, 2013 (18 of 2013);] (u) "scheme" means a scheme of a mutual fund launched under Chapter V; (v) "schedule" means any of the schedules annexed to these regulations; ^35[(w)"securities laws" means the Act, the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and the Depositories Act, 1996 (22 of 1996), the provision of any other law to the extent it is administered by the Board and the relevant rules and ....
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....r manner;" 2 Inserted by the SEBI (Mutual Funds) (Third Amendment) Regulations, 2006, w.e.f. 3-8-2006. 3 Omitted by SEBI (Procedure for Holding Enquiry by Enquiry Officer and Imposing Penalty) Regulations, 2002, w.e.f. 27-9-2003. Prior to omission clause (k) read as under; "(k) "enquiry officer" means any person appointed as such by the Board under chapter ix;" 4 Inserted by the SEBI (Mutual Funds) (Amendment) Regulations, 2003, w.e.f. 29-5-2003. 5 Inserted by the SEBI (Mutual Funds) (Amendment) Regulations, 2006, w.e.f. 12-1-2006. 6 Inserted by the SEBI (Mutual Funds) (Amendment) Regulations, 2003, w.e.f. 29-5-2003.. 7 Inserted by the SEBI (Mutual Funds) ((Second Amendment) Regulations, 2007, w.e.f.31-10-2007. 8 Inserted by the SEBI (Mutual Funds) (Amendment) Regulations, 2017, w.e.f. 15-02-2017. 9 Substituted by the SEBI (Mutual Funds) (Amendment) Regulations, 2008, w.e.f. 16-4-2008. Prior to its substitution, clause (q) read as under; "(q) "mutual fund" means a fund established in the form of a trust to raise monies through the sale of units to the public or a section of the public under one or more schemes for investing in s....
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.... 1956) and approved as such by the Board under sub-regulation (2) of regulation 21;" 24. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/08 dated 04-02-2021 w.e.f. 30th day from the date of their publication in the Official Gazette, that is 04-02-2021 before it was read as "(Stock Brokers and Sub-brokers) Rules, 1992" 25. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/08 dated 04-02-2021 w.e.f. 30th day from the date of their publication in the Official Gazette, that is 04-02-2021 before it was read as "endeavour's" 26. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/08 dated 04-02-2021 w.e.f. 30th day from the date of their publication in the Official Gazette, that is 04-02-2021 before it was read as "or combination of persons" 27. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/08 dated 04-02-2021 w.e.f. 30th day from the date of their publication in the Official Gazette, that is 04-02-2021 before it was read as "or combination of persons" 28. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/08 dated 04-02-2021 w.e.f. 30th day from the date of their publication in the Official Gazette, that is 04-02-2021 before it w....
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....the Official Gazette, that is 04-02-2021 before it was read as "(w) "securities laws" means the Securities and Exchange Board of India Act, 1992 (15 of 1992), the Securities Contracts (Regulation) Act, 1956 (42 of 1956) and the Depositories Act, 1996 (22 of 1996), including their amendments and such other laws as may be enacted from time to time;" 36. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/08 dated 04-02-2021 w.e.f. 30th day from the date of their publication in the Official Gazette, that is 04-02-2021 before it was read as "acting alone or in combination" 37. Inserted vide Notification No. SEBI/LAD-NRO/GN/2021/08 dated 04-02-2021 w.e.f. 30th day from the date of their publication in the Official Gazette, that is 04-02-2021 38. Inserted vide Notification No. SEBI/LAD-NRO/GN/2021/08 dated 04-02-2021 w.e.f. 30th day from the date of their publication in the Official Gazette, that is 04-02-2021 39. Substituted vide Notification No. SEBI/LAD-NRO/GN/2021/56 dated 09-11-2021 w.e.f. 09-12-2021 before it was read as, "^32[(q)"mutual fund" means a fund established in the form of a trust to raise monies through the sale of units to the ....