Sebi allows MFs to create segregated portfolio for unrated debt

For the purpose of this circular ‘actual default’ by the issuer of such instruments shall be considered for creation of segregated portfolio.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/personal-finance-news/sebi-allows-mfs-to-create-segregated-portfolio-for-unrated-debt/articleshow/71966700.cms