SEBI Introduces Standardized Format for Mutual Funds’ Applications Seeking Approval to Set Up Specialized Investment Fund
- Blog|News|Company Law|
- < 1 minute
- By Chetan Kulasri
- |
- Last Updated on 15 April, 2025
Latest from Taxmann
Circular No. SEBI/HO/IMD/IMD-RAC/P/CIR/2025/54; Dated: 11.04.2025
SEBI has introduced a standardized format for applications by mutual funds intending to establish a Specialized Investment Fund (SIF) to ensure uniformity and streamline the processing of such applications. Further, SEBI has issued a detailed format for the Investment Strategy Information Document (ISID) for SIFs. The introduction of SIFs is intended to bridge the gap between mutual funds and PMS in terms of portfolio flexibility. The circular shall be effective from April 11, 2025.
Click Here To Read The Full Circular
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
CA | CS | CMA
