Section 35 in Insurance Regulatory and Development Authority of India (Unit Linked Insurance Products) Regulations, 2019
35. Asset Allocation under each fund.
(a)The asset allocation range for each asset category (debt, equity and money market) shall be separate and explicitly stated.(b)Within a fund, no asset category shall have the asset allocation of "0%-100%", if more than one asset category is represented in the fund.(c)The asset allocation range shall reflect the investment objectives of the underlying fund.Chapter-XII Administration of Unit Linked Insurance Products
