Specific Fund Management Directorate will guide and oversee the implementation of directions and decisions of the Managing Committee of the respective funds and to make suggestions regarding augmentation of resources, eligibility criteria for beneficiaries and disbursements, relating to the functioning of three funds namely The Chartered Accountants Benevolent Fund (CABF), The S. Vaidyanath Aiyar Memorial Fund (SVAMF), The Chartered Accountants Students Benevolent Fund (CASBF) for achieving their objectives and any other fund which will be added subsequently.