Regulation 3.0—Indian Mutual Funds
7 years, 5 months ago

Regulation 3.0—Indian Mutual Funds

Live Mint  

The Securities and Exchange Board of India’s circular on mutual fund schemes’ categorization and rationalization was released on 6 October 2017. Two, over the years, clutter has built up in the mutual fund industry with too many similar schemes even within a fund house. When investors would compare returns across the balanced fund category, the funds with equity higher than 70% would look much better than true-to-label balanced funds. Sebi had stopped giving approval to new balanced fund schemes that did not stick to the 50:50 allocation in the recent past, while allowing older fund houses to run existing balanced funds. This next piece of reform should get the industry ready for future growth as investors get a better handle on what they are buying.NextMAds Disclosure: the author serves on Sebi’s Mutual Fund Advisory Committee and was a member of the sub-committee formed to construct the contours of the rationalisation of schemes.

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History of this topic

Specialized investment funds: All you need to know about Sebi's new mutual fund category
Trending News
3 weeks, 6 days ago

Specialized investment funds: All you need to know about Sebi's new mutual fund category

Live Mint  

MUMBAI : The Securities and Exchange Board of India is set to shake up the mutual fund space with a bold new category—specialized investment funds. Equity SIFs, which maintain more than 65% gross equity exposure, will be subject to a 20% short-term capital gains tax and a 12.5% long-term capital gains tax after a one-year holding period. Hybrid SIFs, with …

SEBI releases new regulatory framework for Specialized Investment Funds: How will this impact investors?
1 month ago

SEBI releases new regulatory framework for Specialized Investment Funds: How will this impact investors?

Live Mint  

Markets watchdog Sebi on Thursday came out with a regulatory framework for Specialized Investment Funds requiring a minimum investment of ₹10 lakh across all strategies. The Route 1 requires the mutual fund to have been in operation for at least three years with an average Asset Under Management of at least ₹10,000 crore over the last three years. The alternate …

SEBI unveils MITRA to reconnect inactive mutual fund folios—Full details inside
1 month, 1 week ago

SEBI unveils MITRA to reconnect inactive mutual fund folios—Full details inside

Live Mint  

The Securities and Exchange Board of India has launched MITRA to help investors track inactive mutual fund folios, ensuring KYC compliance and reducing fraud risks according to a detailed notification released by SEBI on February 12, 2025. The SEBI has put in place this new platform MITRA, which is abbreviated as Mutual Fund Investment Tracing and Retrieval Assistant, as detailed …

Sachet SIPs: Can ₹250 a month create an investment boom in India?
1 month, 3 weeks ago

Sachet SIPs: Can ₹250 a month create an investment boom in India?

Live Mint  

The Securities and Exchange Board of India has proposed an ambitious initiative to drive financial inclusion: Small-ticket systematic investment plans with a minimum monthly investment of ₹250. In Brazil, the mutual fund market has developed inclusive products with small entry thresholds, offering tax incentives to attract low-income investors into formal financial systems. India's proposed ₹250 SIP provides a balanced approach …

Sebi proposes sachetization of mutual funds to boost financial inclusion
2 months ago

Sebi proposes sachetization of mutual funds to boost financial inclusion

Live Mint  

The Securities and Exchange Board of India has unveiled a proposal for promoting financial inclusion through the "sachetisation" of mutual fund investments. The initiative proposes offering small-ticket investments, starting at just ₹250, to encourage low-income groups to begin their investment journey in mutual funds. To encourage financial distributors and platforms to participate in this financial inclusion effort, they will be …

SEBI floats consultation paper on ‘sachetisation’ of mutual funds; seeks public comment
2 months ago

SEBI floats consultation paper on ‘sachetisation’ of mutual funds; seeks public comment

The Hindu  

To increase the reach and facilitate participation from low-income groups in mutual funds, regulator SEBI on Wednesday floated a consultation paper on ‘sachetisation’ of mutual funds. In its consultation paper, SEBI has proposed a sachetised mutual fund product – small ticket systematic investment plan of ₹250. Elaborating on the proposal, SEBI said that the small ticket SIP – ₹250 SIP …

Co-investor conundrum: Investors urge Sebi to rethink exit rules
2 months ago

Co-investor conundrum: Investors urge Sebi to rethink exit rules

Live Mint  

India-based venture capital and private equity firms have petitioned Securities Exchange Board of India to reconsider rules that mandate their co-investors exit alongside the fund, three people familiar with the development said. Co-investors are those who typically want to take additional exposure to a particular investment made by an alternative investment fund —vehicles used by private equity and venture capital …

Mutual fund investors can now nominate up to 10 individuals. Details here
2 months, 1 week ago

Mutual fund investors can now nominate up to 10 individuals. Details here

India Today  

The Securities and Exchange Board of India has revamped mutual fund nomination rules, introducing flexibility and transparency for investors. From March 1, 2025, Sebi’s revised guidelines allow mutual fund investors to nominate up to 10 individuals, aiming to address issues of unclaimed assets and improve asset management in cases of investor incapacity or death. Sebi has also simplified the asset …

Budget 2025: Mutual fund industry wants debt funds taxed at 12.5 per cent, indexation benefits restored
2 months, 2 weeks ago

Budget 2025: Mutual fund industry wants debt funds taxed at 12.5 per cent, indexation benefits restored

Live Mint  

Ahead of Budget 2025, the Association of Mutual Funds in India has made a set of demands to favour the mutual fund industry. Restoring indexation benefits for debt funds and rationalizing the capital gains tax regime, as well as the introduction of a Debt-Linked Savings Scheme, can significantly bolster long-term savings and develop the Indian bond market,” says Venkat Chalasani, …

Alternate investment funds: An industry at risk of death by a thousand circulars
2 months, 3 weeks ago

Alternate investment funds: An industry at risk of death by a thousand circulars

Live Mint  

Everybody loves a good fight; a clash of equals can be an engaging test of skills if fair play is assured. The Securities and Exchange Board of India had permitted AIFs to issue units as partly or fully paid, with RBI’s Form INVI allowing the same. Despite AIFs bringing in convertible currency funds, their $1.5 billion overseas investment allowance hasn’t …

Sebi introduces MF Lite framework for passive mutual funds
2 months, 3 weeks ago

Sebi introduces MF Lite framework for passive mutual funds

Live Mint  

Index and exchange-traded funds to schemes Passive funds that invest solely in domestic equity indices—widely tracked by passive funds or used as benchmarks for actively managed funds—will be eligible, provided their collective assets under management exceed ₹5,000 crore as of December 31 each year, according to the framework released by the Securities and Exchange Board of India on Tuesday. The …

Stock market this week: Top 5 stocks with the biggest gains and losses
3 months ago

Stock market this week: Top 5 stocks with the biggest gains and losses

Live Mint  

Top News The Securities and Exchange Board of India has proposed a platform called MITRA to help investors reconnect with their forgotten or unclaimed mutual fund investments. With MITRA, SEBI aims to simplify the recovery process, promote transparency, and empower investors to regain control over their wealth, fostering trust in mutual fund investments. Mirae Asset Management has introduced a new …

Court issues notice to SEBI over plea seeking investor education on mutual funds
3 months, 1 week ago

Court issues notice to SEBI over plea seeking investor education on mutual funds

India Today  

The Bombay High Court issued a notice to the Securities and Exchange Board of India and the Association of Mutual Funds of India on Wednesday. Shah sought the court's directions to Sebi to withdraw the mandate given to AMFI for investor education. Shah said in his petition that Sebi has given a mandate to AMFI to spread investor education and …

Sebi notifies mutual fund lite regulations. Here is what you should know
3 months, 1 week ago

Sebi notifies mutual fund lite regulations. Here is what you should know

Live Mint  

The Securities and Exchange Board of India has notified Mutual Fund Lite regulations, allowing fund houses focussing only on passively managed schemes to get a licence with less stringent criteria. Net-worth criteria The MF Lite Regulations state that the minimum net-worth criteria for a mutual fund should be ₹35 crore. Business demerger The new rules even allow existing fund houses …

Specialised investment funds: Sebi sets ₹10 lakh minimum threshold for investors
3 months, 1 week ago

Specialised investment funds: Sebi sets ₹10 lakh minimum threshold for investors

Live Mint  

India’s markets regulator has set a minimum investment threshold of ₹10 lakh for investing in specialised investment funds, a new asset class that allows mutual funds to offer advanced investment strategies to investors. Mutual funds can launch investment strategies in open-ended, close-ended, and interval structures for specialised investment funds, allowing them to cater to a broader set of investors with …

Mutual Fund Outlook 2025: Which funds and sectors appear attractive in the coming year?
3 months, 1 week ago

Mutual Fund Outlook 2025: Which funds and sectors appear attractive in the coming year?

Live Mint  

As we are geared to enter the year 2025, the mutual fund industry is seen promising and shows no signs of slowing down. And what we discovered is that the mutual fund categories which offer good investment prospects include multi asset funds, sectoral funds and diversified funds with higher allocation to large caps. Rishabh Goel, Managing Director, Tailwind Financial Services, …

Mutual Fund Outlook 2025: Which funds and sectors appear attractive in the coming year?
3 months, 1 week ago

Mutual Fund Outlook 2025: Which funds and sectors appear attractive in the coming year?

Live Mint  

As we are geared to enter the year 2025, the mutual fund industry is seen promising and shows no signs of slowing down. And what we discovered is that the mutual fund categories which offer good investment prospects include multi asset funds, sectoral funds and diversified funds with higher allocation to large caps. Rishabh Goel, Managing Director, Tailwind Financial Services, …

Weekend Wrap: From Swiggy to Zomato, top market movers and news of week
4 months, 1 week ago

Weekend Wrap: From Swiggy to Zomato, top market movers and news of week

Live Mint  

Top News The Securities and Exchange Board of India, in its recent circular, has introduced an abridged Common Application Form for certain Foreign Portfolio Investors. Franklin AMC has launched new fund offers In the mutual fund space, Franklin Templeton Asset Management Company has launched a New Fund Offer for the Franklin India Arbitrage Fund. These developments across regulatory reforms, capital …

Sebi proposes reforms for angel funds, lowering entry barriers and enhancing investor flexibility
4 months, 1 week ago

Sebi proposes reforms for angel funds, lowering entry barriers and enhancing investor flexibility

Live Mint  

The Securities and Exchange Board of India has proposed sweeping changes to the regulatory framework governing angel funds under Alternative Investment Funds, aiming to boost investor participation and provide more flexibility to fund managers. However, Sebi argues that angel funds provide distinct advantages, including professional management, streamlined operations, and easier access to startup opportunities, warranting their continued inclusion under AIF …

Sebi permits mutual funds to invest in overseas funds with limit on exposure to Indian securities
4 months, 3 weeks ago

Sebi permits mutual funds to invest in overseas funds with limit on exposure to Indian securities

Live Mint  

The Securities and Exchange Board of India has permitted mutual funds to invest in overseas mutual funds or unit trusts that invest a portion of their assets in Indian securities. “In order to facilitate ease of investment in overseas MF/UTs, to bring transparency in the manner of investment, and to enable Mutual Funds to diversify their overseas investments, the following …

Sebi's fixed timelines to address delays in NFO fund deployment
4 months, 3 weeks ago

Sebi's fixed timelines to address delays in NFO fund deployment

Live Mint  

NEW DELHI : In a pivotal regulatory proposal, the Securities and Exchange Board of India has outlined fixed timelines for deploying funds collected through new fund offers. Why Sebi is setting a deployment timeline Historically, delays in fund deployment have raised concerns, with investors expecting their contributions to be promptly invested according to each fund’s objectives. Sebi’s motivation behind a …

Sebi's Demat Reform: A Step Towards Financial Inclusion for Collective Entities
5 months ago

Sebi's Demat Reform: A Step Towards Financial Inclusion for Collective Entities

Live Mint  

India is taking significant steps towards financial inclusion and regulatory simplification with the Securities and Exchange Board of India (Sebi) proposing a key reform for non-corporate entities. The proposal allows Associations of Persons (AoPs) to open demat accounts in their names for holding non-equity securities. This reform aims to enhance the ease of doing business for entities such as housing …

Capitalmind receives SEBI’s in-principle nod to launch a mutual fund
7 months ago

Capitalmind receives SEBI’s in-principle nod to launch a mutual fund

Live Mint  

Bengaluru-based investment management firm Capitalmind Financial Services Private Limited has received in-principle approval from the Securities and Exchange Board of India to launch new mutual fund. As of March 31, 2024, there are 74.6 crore PAN cardholders in India, but only 4.5 crore unique mutual fund investors, highlighting a considerable growth opportunity. Our goal is to serve the rapidly growing …

Sebi imposes limits on passive mutual funds investing in sponsor group companies; details here
8 months, 2 weeks ago

Sebi imposes limits on passive mutual funds investing in sponsor group companies; details here

Live Mint  

Capital market regulator Securities Exchange Board of India has released a circular to share the limits imposed on total investment which can be made by passive mutual funds in their sponsor group companies. This followed public consultations on the recommendations of the working group, and it was later decided to streamline the norm applicable to investments by passively managed mutual …

Sebi limits passive mutual funds schemes investing in sponsor group companies
8 months, 2 weeks ago

Sebi limits passive mutual funds schemes investing in sponsor group companies

Hindustan Times  

Passive mutual funds will now have investment limits on the shares of the sponsor group companies, according to new rules notified on Monday by the Securities and Exchange Board of India. Equity-oriented exchange-traded funds and index fund investments in the sponsor group companies are capped at 35% of the scheme's net asset value. Mutual fund schemes excluding ETFs and index …

SEBI looks to allow Mutual Funds to sell CDS schemes; Reform CDS buying rules
9 months, 2 weeks ago

SEBI looks to allow Mutual Funds to sell CDS schemes; Reform CDS buying rules

Hindustan Times  

The Securities and Exchange Board of India is proposing to allow mutual funds to sell CDS, and reform some rules on buying them. Mutual funds could only purchase CDS schemes earlier for their investments, and not sell them. Mutual Funds can now, sell CDS schemes only after backing up the sale with cash, government securities, or treasury bills, according to …

SEBI makes nomination optional for joint mutual fund portfolios
10 months, 3 weeks ago

SEBI makes nomination optional for joint mutual fund portfolios

The Hindu  

Capital markets regulator SEBI made the nomination optional for jointly-held mutual fund accounts on May 1 to promote ease of doing business. Based on the working group’s recommendation, a public consultation was carried out suggesting an option to make joint mutual fund account nominations optional and permitting fund houses to have a single fund manager to oversee commodity and foreign …

SEBI asks mutual fund houses to protect investors in small, midcap schemes amid surging inflow
1 year ago

SEBI asks mutual fund houses to protect investors in small, midcap schemes amid surging inflow

The Hindu  

Capital markets regulator SEBI has asked mutual fund houses to put in place a framework to safeguard investors, who invested in smallcap and midcap schemes, amid a "froth building up" in these categories. In a communication to Association of Mutual Funds in India on Tuesday, SEBI asked the industry body to inform trustees of all the mutual fund houses to …

Do Sebi's New Disclosure Rules Impact Large Number Of FPIs?
1 year, 2 months ago

Do Sebi's New Disclosure Rules Impact Large Number Of FPIs?

News 18  

Market regulator Sebi does not expect a large number of foreign portfolio investors to be impacted by the new beneficial ownership disclosure norms, according to sources. The sources in the know said FPIs which may be required to provide enhanced disclosures are expected to be significantly less than estimated in the consultation paper and the Sebi board note of October …

Stricter Norms For AIFs, Managers To Prevent Misuse Of Fund Structures, Check Sebi Proposal
1 year, 2 months ago

Stricter Norms For AIFs, Managers To Prevent Misuse Of Fund Structures, Check Sebi Proposal

News 18  

Sebi on Friday proposed stricter norms for Alternative Investment Funds, its managers and key personnel amid instances of the instrument being used to facilitate evergreening of stressed loans and circumvention of other financial sector regulations. “While the AIF industry has registered robust growth over the years, a number of instances of AIFs being structured to facilitate circumvention of different financial …

The Hindu Lit Fest 2024 | ‘Mutual funds give access to equity, debt and gold through one route,’ says Monika Halan
1 year, 2 months ago

The Hindu Lit Fest 2024 | ‘Mutual funds give access to equity, debt and gold through one route,’ says Monika Halan

The Hindu  

Mutual funds have grown hugely popular in India in recent times, with the size of assets under the management of mutual funds crossing the ₹50 lakh crore mark at the end of 2023. Monika Halan, author of Let’s Talk Mutual Funds, talks to The Hindu about why mutual funds should be part of the Indian investor’s portfolio, the risks involved …

SEBI working with mutual funds to make ₹250 SIP bets viable: Madhabi Puri Buch
1 year, 3 months ago

SEBI working with mutual funds to make ₹250 SIP bets viable: Madhabi Puri Buch

Live Mint  

Securities and Exchange Board of India chairperson Madhabi Puri Buch has said that the capital markets regulator wishes to sachetise mutual fund investments going forward. Speaking at an event hosted by Business Today, Buch said the mutual fund industry feels investments of ₹500 per month in a systematic investment plan are viable, but ₹250 are not and the focus will …

Alternative investment funds in a fix as SEBI’s demat deadline of Oct 31 looms: Report
1 year, 5 months ago

Alternative investment funds in a fix as SEBI’s demat deadline of Oct 31 looms: Report

Live Mint  

Alternative investment funds are in a fix over the market regulator’s diktat to dematerialise units of funds with a corpus of ₹500 crore or more by October 31, reported Business Line. The industry may reach out to the Securities and Exchange Board of India seeking extension of timeline, grandfathering of existing investments and exemption for funds whose life is ending …

Samir Arora-owned Helios Capital gets Sebi nod for mutual fund unit
1 year, 7 months ago

Samir Arora-owned Helios Capital gets Sebi nod for mutual fund unit

Live Mint  

Helios Capital, founder and fund manager, Samir Arora announced that capital market regulator Securities and Exchange Board of India on Thursday has granted approval to Helios Mutual Fund on Thursday. The Portfolio Management Services submitted an application for a mutual fund licence in February 2021, and SEBI granted Helios Capital in-principle clearance to start a mutual fund operation in September …

Mutual fund houses are expected to go slow on NFOs this year. Here’s why
1 year, 7 months ago

Mutual fund houses are expected to go slow on NFOs this year. Here’s why

Live Mint  

The asset management companies are slowing the pace of launching new mutual funds schemes and drafted the documents for only 59 new fund offerings so far this year. In August so far, only two draft documents were filed by fund houses Bajaj Finserv Mutual Fund and WhiteOak Capital Mutual Fund, as per data from market regulator Securities Exchange Board of …

SEBI board meet today: Here is what is on the agenda
1 year, 8 months ago

SEBI board meet today: Here is what is on the agenda

Live Mint  

The Securities and Exchange Board of India board meeting could discuss a number of controversial policies, said moneycontrol in its report. According to the news report, there are some that seek to regulate the total expense ratio charged by mutual fund houses, others that seek additional disclosures from foreign portfolio investors to verify that businesses are not in violation of …

Sebi proposes overhaul of expenses charged to mutual fund investors
1 year, 10 months ago

Sebi proposes overhaul of expenses charged to mutual fund investors

Live Mint  

The Securities and Exchange Board of India in a 40-page consultation paper has proposed a slew of changes to the total expense ratio that is charged to mutual fund investors. Sebi also proposed the idea of performance-based TER and put forward two approaches, but said the new concepts can first be tested in a regulatory sandbox structure. If such a …

NFO Alert: Bank of India Mutual Fund launches the Multicap Fund; all you need to know
2 years, 1 month ago

NFO Alert: Bank of India Mutual Fund launches the Multicap Fund; all you need to know

Live Mint  

Bank of India Mutual Fund announced the launch of the Bank of India Multicap Fund, an open-ended equity scheme investing in equity and equity-related securities across various market capitalisation. The investment objective of this actively managed equity fund scheme is to generate long-term capital appreciation from a portfolio that is invested predominantly in equity and equity-related instruments across large-cap, mid-cap …

Confused About Mutual Funds Types? What Is Equity, Debt Or Hybrid Funds; Check Details
2 years, 2 months ago

Confused About Mutual Funds Types? What Is Equity, Debt Or Hybrid Funds; Check Details

News 18  

Many of us are aware about mutual funds as investors, through television commercials or from someone who has invested in them. SEBI has classified Hybrid funds into 7 sub-categories as follows, Conservative Hybrid Fund, Balanced Hybrid Fund, Aggressive Hybrid Fund, Dynamic Asset Allocation or Balanced Advantage Fund, Multi Asset Allocation Fund, Arbitrage Fund and Equity Savings. Other Schemes – Index …

India's Love For Mutual Funds: Can SEBI’s Strategy Ensure Financial Security?
2 years, 4 months ago

India's Love For Mutual Funds: Can SEBI’s Strategy Ensure Financial Security?

The Quint  

Absence of Risk Management tools: There is often a general indifference or unpreparedness with respect to matters of risk, on the part of the financial institutions, which has led to many scams and business failures. for risk analysis, quantification and monitoring, AMCs will need to quickly invest in capacity building and embrace appropriate statistical tools, models, and best practices. Finding …

Debt funds roiled, but fund houses are okay
2 years, 6 months ago

Debt funds roiled, but fund houses are okay

Live Mint  

Interest rate hikes by the Reserve Bank of India are roiling debt funds. Thus, when interest rates in the economy rise, prices of existing debt paper fall and, by extension, the net asset values of debt funds invested in them also fall. In the previous three periods, assets managed by debt funds rose, along with an increase in overall mutual …

The coming Sebi storm for fintechs
2 years, 7 months ago

The coming Sebi storm for fintechs

Live Mint  

MUMBAI : For nearly a week in July, a curious scene played out near the residence of a senior executive of a mutual fund distributor in Mumbai. Selling mutual funds On 6 July, Paytm Money said it’s giving up its RIA license and will work only as a mutual fund distributor to comply with new Sebi norms. “Though platforms provided …

Latest SEBI circular introduces a new passive ELSS scheme category
2 years, 10 months ago

Latest SEBI circular introduces a new passive ELSS scheme category

Live Mint  

The securities market regulator, SEBI came out with a circular on May 23 on ‘Development of Passive Funds’ covering a gamut of issues related to ETFs and index funds. Notably, the circular has introduced a new category of mutual fund schemes – Passive ELSS. Passive ELSS As per the latest circular, passive ELSS scheme will be based on one of …

Sebi restricts overseas investments by MFs; what should investors do
3 years, 1 month ago

Sebi restricts overseas investments by MFs; what should investors do

Live Mint  

The Securities and Exchange Board of India advisory for mutual funds to stop further investments into foreign stocks has come as a jolt for Indian investors who have taken up global diversification in a big way over the past few years. Mint on Sunday reported that the markets regulator has advised mutual funds to stop further investments into foreign stocks …

Sebi advises MFs to stop investing in int’l stocks
3 years, 1 month ago

Sebi advises MFs to stop investing in int’l stocks

Live Mint  

The Securities and Exchange Board of India has advised mutual funds investing in overseas securities to stop further investments in foreign stocks to avoid breach of industry-wide overseas limits, two industry executives independently confirmed to Mint on the condition of anonymity. Mutual funds can make overseas investments up to $1 billion per mutual fund, with the overall industry limit of …

‘India has only one Sebi-RIA per 76,510 investors’
3 years, 3 months ago

‘India has only one Sebi-RIA per 76,510 investors’

Live Mint  

The number of Sebi-registered investment advisers in India has stagnated in the last three years despite the boom in the number of investors, according to a government reply to a question in the Lok Sabha. At the end of October, India had 27.5 million mutual fund investors and 73.8 million demat account holders; against this, there were only 1,324 RIAs; …

SEBI changes mutual funds’ benchmarking norms. All you need to know
3 years, 3 months ago

SEBI changes mutual funds’ benchmarking norms. All you need to know

Live Mint  

The market regulator Securities and Exchange Board of India recently announced plans to change the benchmarking norms for mutual fund schemes in a bid to facilitate uniformity. Two-tier benchmarking As per the SEBI’s circular, the first-tier benchmark would reflect the scheme's category and the second-tier benchmark would demonstrate investment style or fund manager's strategy within the given category. In case …

How regulations have failed our fixed-income securities market
3 years, 5 months ago

How regulations have failed our fixed-income securities market

Live Mint  

The March 2020 redemption debacle will always be remembered as a moment of reckoning for India’s fixed- income mutual fund industry. Amid the denigration inflicted upon the industry, perhaps the greatest error of judgement pertained to the convenient omission of the fact that India lacks a credible secondary market for corporate debt securities. This means that the risk of holding …

Sebi tightens shareholding norms, eases MF norms
4 years, 3 months ago

Sebi tightens shareholding norms, eases MF norms

Live Mint  

MUMBAI: The Securities and Exchange Board of India or Sebi, on Wednesday, tightened the public shareholding norms for listed companies and eased the rules for entities that wish to launch mutual fund business in the country. Following a board meeting, Sebi amended the norms related to minimum public shareholding norms for listed companies that are going through corporate insolvency resolution …

Sebi eases profitability criteria for mutual fund sponsors
4 years, 3 months ago

Sebi eases profitability criteria for mutual fund sponsors

Live Mint  

Market regulator Sebi on Wednesday decided to relax profitability criteria for becoming a mutual fund sponsor with a view to facilitating innovation and expansion in the MF sector. The regulator has also decided to segregate and ring-fence assets and liabilities of mutual fund schemes, Sebi said in a statement after its board meeting. The Sebi board also approved proposals including …

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