Regulation 43A - Investment in Corporate Debt Market Development Fund - Securities and Exchange Board of India (Mutual Funds) Regulations, 1996

1 [ Investment in Corporate Debt Market Development Fund. 43A. (1) Mutual funds shall invest such percentage of net assets of such categories of mutual fund schemes as may be specified by the Board in the units of the Corporate Debt Market Development Fund. (2) The asset management companies of the mutual funds shall invest such percentage of assets under management as may be specified by the Board in the units of Corporate Debt Market Development Fund. Explanation : For the purpose of this regulation Corporate Debt Market Development Fund shall have the same meaning assigned to it under clause (ga) of sub-regulation (1) of regulation 2 of the Securities and Exchange Board of India (Alternative Investment Funds) Regulations, 2012. ] *************** NOTES:- 1. Inserted vide Notification No. SEBI/LAD-NRO/GN/2023/134 dated 26-06-2023 w.e.f. 26-06-2023