Ch.5 · NFO Process and Rules · hard
What is the 'investment restriction' disclosed in the SID regarding single issuer exposure for debt schemes?
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EXPLANATION
SEBI regulations restrict single issuer exposure in debt schemes to 10% of NAV, with a relaxation of 5% (to 15%) for AA+ and above rated issuers if approved by the AMC's board and trustees. Government securities are exempt from this limit. These restrictions are investment restrictions disclosed in the SID.
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