Restrictions on investments

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....s shall only be made in listed or to be listed securities except that mutual fund can invest in: (a) unlisted Government Securities and money market instruments other than commercial papers; and (b) unlisted non-convertible debentures to the extent and in the manner as specified by the Board. 2. Mutual Fund Scheme's investment in unrated debt instruments shall be subject to su....

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.... the purpose of repurchases or redemptions, as disclosed in the offer document of fund of funds scheme. 6. Every mutual fund shall buy and sell securities on the basis of deliveries and shall in all cases of purchases, take delivery of relevant securities and in all cases of sale, deliver the securities: Provided that a mutual fund may engage in short selling of securities in accordance with....