(1)
Subject to other provisions of these regulations, a mutual fund may invest moneys collected under any of its schemes only in-
(2)
Any investment made under sub-regulation (1) shall be in accordance with the investment objective of the relevant mutual fund scheme.
(3)
Moneys collected under any money market scheme of a mutual fund shall be invested only in money market instruments.
(4)
Moneys collected under any gold exchange traded fund scheme shall be invested only in gold or gold related instruments, in accordance with sub-regulation.
(5)
[ Moneys collected under a real estate mutual fund scheme shall be invested in accordance with regulation 49E.] [Inserted by Not. No. FNO. LAD-NRO/GN/2008/03/123042, dated 16.4.2008]