Ch.4 · AMFI Code of Conduct · hard
What is the mandatory minimum allotment amount in case of oversubscription in an NFO?
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EXPLANATION
In case of oversubscription during an NFO, SEBI regulations require proportional allotment of units based on the subscription amount. There is no minimum allotment floor — the allotment is done on a pro-rata basis and excess amounts are refunded.
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