Conditions for infrastructure debt fund schemes

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..... e with lock-in of five years and 2 [specified transaction period of not more than forty five days] as may be specified in the scheme information document 3 [:] 4 [Provided that the tenure of the scheme may be extended to two years subject to approval of two-thirds of the unitholders by value of their investment in the scheme.] (2) Units of infrastructure debt fund schemes shall be l .....

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..... ast Rupees twenty five crores before the allotment of units of the scheme are marketed to other potential investors. (8) Mutual Funds launching infrastructure debt fund scheme may issue partly paid units to the investors, subject to following conditions: (a) The asset management company shall call for the unpaid portions depending upon the deployment opportunities; (b) The offer document .....

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