Norms regarding holding of liquid assets in open ended debt schemes & stress testing of open ended debt schemes

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..... utual Funds in India (AMFI) Sir/ Madam, Subject: Norms regarding holding of liquid assets in open ended debt schemes stress testing of open ended debt schemes 1. In order to augment the liquidity risk management framework for all open ended debt schemes, defined in SEBI circulars SEBI/HO/IMD/DF3/CIR/P/2017/114 dated October 6, 2017 and SEBI/HO/IMD/DF3/CIR/P/2017/126 dated December .....

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..... s) shall ensure compliance with the above requirement before making any further investments. 2. SEBI vide circular No. CIR/IMD/DF/03/2015 dated April 30, 2015 mandated Stress Testing of Liquid Funds and Money Market Fund schemes. Based on the recommendations of Mutual Fund Advisory Committee (MFAC), it is decided to mandate all open ended debt schemes (except overnight scheme) to conduct stre .....

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..... gulation 77 of SEBI (Mutual Funds) Regulation, 1996 to protect the interests of investors in securities and to promote the development of, and to regulate the securities market. Yours faithfully, Bithin Mahanta General Manager Tel no.: 022-26449634 Email: [email protected] - Circular - Trade Notice - Public Notice - Instructions - Office orders Tax Management Indi .....

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