印度互助基金现在可以从2026年4月1日起借入内部赎回款,以管理流动性。 Indian mutual funds can now borrow intraday for redemptions starting April 1, 2026, to manage liquidity.

SEBI已核准从2026年4月1日起为印度共同基金进行日内借款,以解决短期流动资金缺口,特别是流动和过夜计划。 SEBI has approved intraday borrowing for Indian mutual funds starting April 1, 2026, to address short-term liquidity gaps, especially for liquid and overnight schemes. 在TREPS等证券或逆向回购证券的流入出现延误时,如果借款数额不超过印度政府、RBI或印度清算公司等实体的同日担保应收款额,银行可以借款,以支付赎回付款。 Funds can borrow from banks to meet redemption payouts when inflows from instruments like TREPS or reverse repos are delayed, provided borrowed amounts do not exceed guaranteed same-day receivables from entities such as the Government of India, RBI, or Clearing Corporation of India. 借款仅限于特定用途 -- -- 赎回、利息或收入分配 -- -- 并且必须经董事会和受托人核准,公开公布政策。 Borrowings are limited to specific uses—redemption, interest, or income distribution—and must be approved by boards and trustees, with policies disclosed publicly. AMC必须吸收所有借款成本,这些成本不能转给投资者。 AMCs must absorb all borrowing costs, which cannot be passed to investors. 如果销售交易执行不足,股本指数基金和ETF可能只借款参加闭幕拍卖会。 Equity index funds and ETFs may borrow only to participate in closing auction sessions if sell trades are under-executed. 这一行动旨在改善流动资金管理和投资者保护。 The move aims to improve liquidity management and investor protection.