Under the new regulation, the exposure of mutual funds to equity, debt, and equity derivatives must not exceed 100% of the net assets held by the mutual fund. These funds will not be allowed to write over-the-counter option contracts, or buy options with embedded written options....
7. Amendments to SEBI (Mutual Fund) Regulations, 1996 to Facilitate Ease of Doing BusinessIn its board meeting, the SEBI approved certain amendments to the SEBI (Mutual Funds) Regulations, 1996, to relax the regulatory framework related to the ‘alignment of interest...
6. This circular is issued in exercise of the powers conferred under Section 11 (1) of the Securities and Exchange Board of India Act 1992, read with the provision of Regulation 77 of SEBI (Mutual Funds) Regulation, 1996 to protect the interests of investors in securities...
Regulation 23(2) AIFs falling under Category 1 and Category 2 must conduct a valuation of their investments at an interval of 6 months with the help of an independent valuer. Given that the period can be elaborated up to one year if only 75% of the investors agree on it according to ...
exercise powers conferred under regulation 30; (o) “investee company” means any company, special purpose vehicle or limited liability partnership or body corporate in which an Alternative Investment Fund makes an investment; (p) “investible funds” means corpus of the Alternative Investment Fund ...
Apart from certification, it gives them knowhow of the product as well as the industry." Says Sameer Kamdar, Country Head, Mata Securities: "The new regulation will slow down the growth in the mutual fund industry. If distributors do not have any incentive in an already low-commission ...
Book review: hedge fund structure, regulation and performance around the world Hedge funds and their managers have been vilified in recent times for their high-risk activities and relative lack of regulatory oversight. However, while it is frequently suggested that hedge funds are unregulated, they...
Registration certificate. Others such as those listed in the regulation The candidate should be a genuine person. The applicant should have the option to be admitted as a trustee of the depository by which the petition was filed with the commission. ...
This Code of Conduct will be known as "SHILPA MEDICARE LIMITED Code of Conduct for Prohibition of Insider Trading" (Code) made pursuant to Regulation-12 of the SEBI (Prohibition of Insider Trading) Regulations, 1992 as amended. PART - I Code of internal procedure and conduct for Directors/...
5SEBI/HO/AFD/PoD/CIR/2023/15. 6SEBI circular no. CIR/IMD/DF/10/2013 dated July 29, 2013. 7Regulation 20 (11), AIF Regulations. 8Regulation 20 (11), AIF Regulations. 9Para 7, RBI Master Directions. 10Para 7, RBI Master Directions. ...