Parking of Funds in Short Term Deposits of Scheduled Commercial Banks by Mutual Funds – Pending Deployment

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..... dam, Sub: Parking of Funds in Short Term Deposits of Scheduled Commercial Banks by Mutual Funds Pending Deployment 1. Please refer to SEBI circular no. SEBI circular no. SEBI/IMD/CIR No.1/91171/07 dated April 16, 2007 on the captioned subject. 2. It is clarified that the said circular shall not apply to term deposits placed as margins for trading in cash and derivatives market. 3 .....

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