Note
NBFC Regulation 44 (3)e pertaining to the requirement of seed capital (Core Investor) has been abolished through the SRO 814(1)/2011 Dated 5 September 2011.

After the amendment the restriction on the core investor for investing 100mn rupee at the initiation of the fund, out of which at least 50mn rupee shall be invested in the scheme for two years or life of the collective investment scheme whichever is less, has been removed and the Core investor can redeem their core investments before the expiry of two years.
 
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