𝗔 𝗚𝗮𝗺𝗲-𝗖𝗵𝗮𝗻𝗴𝗶𝗻𝗴 𝗔𝘀𝘀𝗲𝘁 𝗖𝗹𝗮𝘀𝘀 - 𝗦𝗜𝗙
The minimum ticket size is 10 lakhs. The scheme can be open-ended, close-ended, or interval (opens and closes on particular dates). Opens doors to: 1) More concentration AMC can own 15% of single company (up from 10%), via SIF 2) Credit Risk Strategies AMC can invest up to 20% in the debt of a single issuer for investment-grade debt (25% with board approval). This is up from the 10% allowed for ordinary MFs and AAA. The limit is lower for lower grades. 3) REIT & InVIT 20% in REITs & InVITs. Up from 10% AMCs currently invest. Max 10% in single REIT or InVIT
5/8/20241 min read
Innovative investment strategy