Consultation paper on specifying timelines for deployment of funds collected by Asset Management Companies (AMCs) in New Fund Offer (NFO) as per asset allocation of the scheme

SEBI has issued a Consultation Paper on Specifying Timelines for Deployment of Funds by Asset Management Companies (AMCs) in New Fund Offers (NFOs) proposes a structured timeline for deploying funds collected through NFOs according to each scheme’s asset allocation. The primary aim is to reduce delays in fund deployment and ensure that AMCs align with the asset allocation set out in the Scheme Information Document (SID). This paper, by the Securities and Exchange Board of India (SEBI), is open for public comments to gather perspectives on the proposed framework and improve mutual fund transparency and efficiency.

IFSCA issues investment restrictions to retail fund schemes

This circular addresses specific provisions within the IFSCA (Fund Management) Regulations, 2022, to foster a more robust environment for retail investments in the IFSCs by addressing limitations associated with investments in unlisted securities and fund-of-fund structures.