Clarification on Regulatory framework for Specialized Investment Funds (‘SIF’)

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....anies/ Board of Trustees of Mutual Funds All Recognized Stock Exchanges All Recognized Clearing Corporations All Depositories Association of Mutual Funds in India (AMFI) Madam/ Sir, Subject: Clarification on Regulatory framework for Specialized Investment Funds ('SIF') 1. SEBI Circular dated February 27, 2025 ('SIF Circular') specified Regulatory Framework for Specialized Inve....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....the above provisions shall not be applicable for mandatory investments made by AMCs for designated employees under paragraph 6.10 of the Master Circular for Mutual Funds dated June 27, 2024." 3. The provisions of this circular shall come into force with effect from the date of this circular. 4. This circular is issued in exercise of the powers conferred by Section 11(1) of the Securities and....