Ch.5 · SID, SAI and KIM Documents · hard

What is 'inter-scheme transfer' of securities in mutual funds?

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EXPLANATION

Inter-scheme transfers involve one scheme selling securities directly to another scheme within the same AMC (without going through the open market). SEBI permits this subject to conditions: the transfer must be at market price, be in the interest of both schemes' unit holders, and not be used to artificially prop up or depress valuations.

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