Underwriting of securities (Omitted)

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..... ************ NOTES:- 1. Omitted vide Notification No. SEBI/LAD-NRO/GN/2023/134 dated 26-06-2023 w.e.f. 01-01-2024 before it was read as, "Underwriting of securities 46. Mutual funds may ente .....

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..... are made in such securities. (2) The capital adequacy norms for the purpose of underwriting shall be the net asset of the scheme: Provided that the underwriting obligation of a mutual fund shall not .....

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