Circular No. SEBI/HO/IMD/IMD-PoD-1/P/CIR/2025/23, Dated: 27.02.2025
To ensure timely deployment of funds raised in NFOs, SEBI has notified timelines for deployment of funds collected by AMCs in New Fund Offer (NFO) as per asset allocation of the scheme. The AMC shall deploy the funds garnered in an NFO within 30 business days from the date of allotment of units. Also, Trustees shall monitor the deployment of funds to ensure that the funds are deployed within a reasonable timeframe. This circular shall come into effect from 01.04.2025.
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