(1)
Subject to other provisions of these regulations, a mutual fund may invest moneys collected under any of its schemes only in-
(a) securities;
(b) money market instruments;
(c) privately placed debentures;
(d) securitised debt instruments, which are either asset backed or mortgage backed securities; [***] [Omitted by Not. No. FNO. LAD-NRO/GN/2008/03/123042, dated 16.4.2008]
(e) gold or gold related instruments.
(f) [ real estate assets as defined in clause (a) of regulation 49A;] [Inserted by Not. No. FNO. LAD-NRO/GN/2008/03/123042, dated 16.4.2008]
(g) [ infrastructure debt instrument and assets as specified in clause (I) of regulation 49L.] [Inserted by F. No. LAD-NRO/GN/2011-12/22/27668, dated 30.8.2011.]
(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]