Contents of the investment management agreement

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....use that asset management company shall be responsible to comply with the provisions of these regulations. (2) The Investment Management Agreement shall reproduce duties and responsibilities of the asset management company as mentioned under regulation 22 and shall also include that: (a) the asset management company appointed by the trustees shall be responsible for floating schemes fo....

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.... management company and on the functioning of the schemes of the mutual fund, at such intervals and in such a manner as may be specified by the trustees or the Board. (3) The Investment Management Agreement shall restrict asset management companies from: (a) undertaking any other business activity other than management of mutual funds and activities permitted under clause (b) of regula....