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

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..... ENERAL MANAGER INVESTMENT MANAGEMENT DEPARTMENT SEBI/IMD/CIR No. 8 / 107311 /07 October 26, 2007 All Mutual Funds Registered with SEBI Association of Mutual Funds in India (AMFI) .....

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..... the tenure of the term deposits placed as margin for trading in derivatives shall not exceed 182 days. This circular is issued in exercise of powers conferred under Section 11 (1) of the Securitie .....

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