Sebi hikes portfolio management scheme limit to Rs 50 lakh, networth requirement to Rs 5 cr
5 years, 4 months ago

Sebi hikes portfolio management scheme limit to Rs 50 lakh, networth requirement to Rs 5 cr

India TV News  

With a view to keep retail investors away from portfolio management schemes, Sebi on Wednesday decided to raise the minimum investment amount of clients for such schemes to Rs 50 lakh from the earlier Rs 25 lakh. Besides, it has decided to increase the networth requirement of portfolio managers to Rs 5 crore from 2 crore, Sebi Chairman Ajay Tyagi told reporters after the board meeting. "Minimum investment by clients of portfolio managers to be increased from the 25 lakh to Rs 50 lakh. The regulator further said discretionary portfolio managers will invest only in listed securities, money market instruments and mutual funds, while non discretionary managers will have to invest not more than 25 per cent of their assets under management in unlisted securities.

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History of this topic

SEBI's total income rises 48% to ₹2,075 crore in 2023-24
3 weeks, 4 days ago

SEBI's total income rises 48% to ₹2,075 crore in 2023-24

The Hindu  

Capital markets regulator SEBI's total income rose 48% year-on-year to ₹2,075 crore in 2023-24, driven by increased earnings from fees and subscriptions. Of the total income, the regulator earned a fee income of ₹1,851.5 crore, which was way higher than ₹1,213.22 crore garnered in the preceding financial year, according to Sebi's annual statement of accounts 2023-24 made public on Tuesday. …

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 …

Investing via UPI: Daily transaction limit to be raised to ₹5 lakh from ₹2 lakh, says Sebi
1 month, 3 weeks ago

Investing via UPI: Daily transaction limit to be raised to ₹5 lakh from ₹2 lakh, says Sebi

Live Mint  

Capital markets regulator Securities Exchange Board of India has alluded that the daily transaction limit for capital market transactions is set to be raised to ₹5 lakh. The daily transaction limit currently stands at ₹2 lakh. In the analysis, it was observed that individual transactions below one lakh accounts for 92.9 percent of total transactions whereas transactions between ₹1 lakh …

Sebi proposes sachetization of mutual funds to boost financial inclusion
2 months, 1 week 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 …

Mint Explainer: Sebi’s latest reforms for SME IPOs, merchant bankers, and mutual funds
3 months, 1 week ago

Mint Explainer: Sebi’s latest reforms for SME IPOs, merchant bankers, and mutual funds

Live Mint  

On 18 December, the Securities and Exchange Board of India approved several key amendments to improve business operations, investor protection, and the efficiency of market participants. In its 208th board meeting, Sebi strengthened the SME IPO framework by introducing stricter requirements for financial viability and new regulations for risk-verification, related-party transactions, and lock-in periods, while also establishing the Past Risk …

SEBI makes IPO rules stricter for small firms, overhauls investment banking norms
3 months, 1 week ago

SEBI makes IPO rules stricter for small firms, overhauls investment banking norms

Hindustan Times  

The Securities and Exchange Board of India board approved a series of measures on Wednesday, including stricter regulatory norms for small and medium enterprises' IPOs. The board has also green lit a comprehensive overhaul of investment banking regulations, and an expanded definition of Unpublished Price Sensitive Information. In a statement after the board meeting, SEBI has decided to introduce specific …

SEBI Board Meeting Outcome: Tough rules on SME IPOs, insider trades
3 months, 1 week ago

SEBI Board Meeting Outcome: Tough rules on SME IPOs, insider trades

Live Mint  

Strict rules to list small and medium enterprises, tight checks on insider transactions, tougher criteria for merchant bankers and easier rules for investment trusts are on the way, with the market regulator approving a series of measures on Wednesday to protect investors and improve ease of doing business. Merchant banking norms Sebi also approved a comprehensive revamp of merchant banking …

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 …

₹1 lakh cr of AIF investments structured to circumvent financial regulations: Sebi’s Narayan
3 months, 1 week ago

₹1 lakh cr of AIF investments structured to circumvent financial regulations: Sebi’s Narayan

Live Mint  

Mumbai, Dec 17 About a fifth of all investments by AIFs has been structured to circumvent existing financial regulations like the ones on non-performing assets classification, Sebi's whole-time member Ananth Narayan G said on Tuesday. "'.of the ₹4.5 lakh crore of investments, around ₹1 lakh crore.has been questionable in terms of the regulatory intent behind those investments," he said. Sebi …

SME IPOs: Sebi seeks to double minimum subscription to protect investors
4 months, 1 week ago

SME IPOs: Sebi seeks to double minimum subscription to protect investors

Live Mint  

The market regulator has proposed to at least double the minimum subscription amount for initial public offerings of small and medium enterprises as participation of retail investors in these offers has been rising. The regulator proposed increasing the minimum application size for SME IPOs from ₹1 lakh to ₹2 lakh, according to a consultation paper released by the Securities and …

Sebi proposes reforms for angel funds, lowering entry barriers and enhancing investor flexibility
4 months, 2 weeks 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 Proposes New Asset Class To Bridge Investment Gaps
8 months, 1 week ago

SEBI Proposes New Asset Class To Bridge Investment Gaps

Live Law  

The Securities and Exchange Board of India has introduced a proposal for a new asset class designed to bridge the gap between Mutual Funds and Portfolio Management Services. To address this, SEBI's proposed New Asset Class is designed to fill this gap by offering a structured and regulated investment product. SEBI has proposed that the minimum investment amount for the …

Sebi proposes new asset class to fill gap between mutual funds and portfolio management services
8 months, 1 week ago

Sebi proposes new asset class to fill gap between mutual funds and portfolio management services

Hindustan Times  

Markets regulator Sebi on Tuesday proposed introducing a new asset class to bridge the gap between mutual funds and portfolio management services by looking to tap investors having investible funds between ₹10 lakh and ₹50 lakh. On minimum investment, Sebi has proposed that the minimum amount for investment under the new asset class should be ₹10 lakh per investor. "The …

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, 3 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 …

Organize yourselves to avoid unnecessary regulations: Sebi to portfolio managers
2 years, 9 months ago

Organize yourselves to avoid unnecessary regulations: Sebi to portfolio managers

Live Mint  

Securities and Exchange Board of India executive director Manoj Kumar on Wednesday urged portfolio managers to actively participate in shaping the industry better and come up with proposals for the regulator to consider. Unless you debate and deliberate and frame regulations as an industry, you will invite unnecessary regulation,” Kumar said at the gathering of portfolio managers. According to industry …

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 …

Bombay HC upholds Sebi’s power to regulate fees of investment advisers
3 years, 8 months ago

Bombay HC upholds Sebi’s power to regulate fees of investment advisers

Live Mint  

The Bombay High Court has upheld the Securities and Exchange Board of India's power to regulate fees charged by investment advisers. Observing that the regulator has the power to cap investment advisers' fees, the court said the Act which governs Sebi gives it sweeping powers to make regulations as long as they are consistent with the Sebi Act and necessary …

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 releases new guidelines for investment advisers in IFSC
4 years, 6 months ago

Sebi releases new guidelines for investment advisers in IFSC

Live Mint  

Markets regulator Sebi on Monday came out with a new framework for investment advisers operating in international financial services centre. Under the framework, any entity, being a company or a limited liability partnership or any other similar structure recognised under the laws of its parent jurisdiction, desirous of operating in IFSC as an investment adviser, may form a company or …

Sebi amends regulations; provides more relaxation for companies to raise funds
4 years, 9 months ago

Sebi amends regulations; provides more relaxation for companies to raise funds

India TV News  

Markets watchdog Sebi has amended regulations to provide more leeway for companies to raise funds, including reducing the time gap between two qualified institutional placements to two weeks, amid the coronavirus pandemic. This is especially important as companies are finding it difficult to access alternate methods of funding such as debt financing or access equity funding from third party investors," …

SEBI caps fees for investment advisers
5 years, 1 month ago

SEBI caps fees for investment advisers

The Hindu  

The Securities and Exchange Board of India has amended the regulatory framework for investment advisers to introduce a cap on the maximum fee such entities can charge to investors while segregating the advisory and distribution activities to minimise conflict of interest issues. 2.5% of assets The board of the capital markets watchdog, which met in Mumbai, approved the amendment in …

Sebi gets tough
5 years, 1 month ago

Sebi gets tough

Live Mint  

The Securities and Exchange Board of India has tightened rules that apply to investment advisory services. The market regulator has also prohibited investment advisers from hawking products to their clients. Not all retail investors fully grasp the conflict of interest inherent in advice offered by someone who makes money off the investment being advised. Too many people find themselves lumped …

Sebi issues guidelines for portfolio managers
5 years, 1 month ago

Sebi issues guidelines for portfolio managers

India TV News  

Markets watchdog Sebi on Thursday issued guidelines for portfolio managers and said they cannot charge an upfront fee from clients. In addition, certain changes to the regulatory framework for portfolio managers have been mandated. "As provided in Regulation 22 of the PMS Regulations, no upfront fees shall be charged by the portfolio managers, either directly or indirectly, to the clients," …

SEBI hikes portfolio management scheme limit to Rs 50 lakh, networth requirement to Rs 5 cr
5 years, 4 months ago

SEBI hikes portfolio management scheme limit to Rs 50 lakh, networth requirement to Rs 5 cr

Firstpost  

With a view to keep retail investors away from portfolio management schemes, SEBI on Wednesday decided to raise the minimum investment amount of clients for such schemes to Rs 50 lakh from the earlier Rs 25 lakh New Delhi: With a view to keep retail investors away from portfolio management schemes, SEBI on Wednesday decided to raise the minimum investment …

Investing in mutual funds becomes cheaper on Sebi measures: Report
5 years, 6 months ago

Investing in mutual funds becomes cheaper on Sebi measures: Report

Live Mint  

Investing in mutual funds has become less expensive in India due to several investor-friendly measures taken by the markets regulator Sebi, including ban on upfront commissions as well as front loads and a cap on expenses charged from investors, according to a report by Morningstar India. "India had been among the most-expensive geographies when it comes to expense ratios but …

Sebi makes investing in MFs less pricey; puts cap on total expenses
6 years, 3 months ago

Sebi makes investing in MFs less pricey; puts cap on total expenses

Live Mint  

New Delhi: In a major overhaul of the fee structure that mutual funds charge from investors, markets regulator Sebi has issued new norms to cap total expenses for investment in such funds at 2.25 per cent. The maximum TER for open-ended equity schemes will be 2.25 per cent, and 2 per cent for other open-ended schemes, the Securities and Exchange …

Sebi to relax OFS framework
6 years, 3 months ago

Sebi to relax OFS framework

Live Mint  

The Securities and Exchange Board of India is set to relax rules governing offer for sale to aid the government’s disinvestment process. The regulator also plans to spare non-banking financial companies from having to disclose changes in shareholding due to encumbered or pledged shares, said the people cited above on condition of anonymity. “Sebi is considering to expand the current …

Sebi plans to ease FPI norms; will allow clubbing of investment limits
6 years, 3 months ago

Sebi plans to ease FPI norms; will allow clubbing of investment limits

Live Mint  

New Delhi: In a series of reforms, capital markets regulator Securities and Exchange Board of India is planning to expand its Offer For Sale framework to more companies, relax its norms for clubbing of investment limits by established foreign investors and tighten insider trading rules. The regulator is also planning to relax its disclosure norms for housing finance companies and …

How investors will gain from new Sebi reforms
6 years, 6 months ago

How investors will gain from new Sebi reforms

Live Mint  

The Securities and Exchange Board of India has announced several reforms to make the markets more efficient and transparent. The board took steps to reduce transaction costs, improve liquidity, increase market participation, improve capital allocation, penalize fraudulent activities and protect small investors, besides having a more efficient price discovery system. Analysts said that permitting foreign entities in the commodity derivatives …

Portfolio managers' assets swell by 12% to Rs 14.8 lakh cr till August-end, SEBI data shows
6 years, 6 months ago

Portfolio managers' assets swell by 12% to Rs 14.8 lakh cr till August-end, SEBI data shows

Firstpost  

According to data available with the market regulator SEBI, total assets under management of portfolio managers were at Rs 14.79 lakh crore at the end of last month against Rs 13.24 lakh crore in August-end last year, registering a gain of Rs 1.55 lakh crore or 12 percent. New Delhi: The total assets handled by portfolio managers surged by 12 …

Sebi defends stance on new rules for foreign portfolio investors
6 years, 6 months ago

Sebi defends stance on new rules for foreign portfolio investors

Live Mint  

Mumbai: The Securities and Exchange Board of India on Tuesday defended its stance on new rules for foreign portfolio investors, saying warnings of a capital flight were “preposterous” and “highly irresponsible.” Lobby group Asset Management Roundtable of India or Amri on Monday said the immediate impact of the new Sebi norms, if not amended, will be that $75 billion investment …

SEBI caps cross-holding in credit rating agencies at 10 per cent
7 years, 3 months ago

SEBI caps cross-holding in credit rating agencies at 10 per cent

India TV News  

Markets regulator Sebi said cross-holding in credit rating agencies will be capped at 10 per cent and also decided to raise the minimum networth requirement to Rs 25 crore from the current Rs 5 crore. In a significant move, the regulator has decided that no CRA should, directly or indirectly, hold more than 10 per cent of shareholding and/ or …

Black money hunt: Sebi to levy $1,000 fee on P-Notes, bars speculative issuance
7 years, 9 months ago

Black money hunt: Sebi to levy $1,000 fee on P-Notes, bars speculative issuance

Firstpost  

Sebi decided to relax the entry norms for foreign portfolio investors willing to invest directly in Indian markets rather than through participatory notes. At the same time, Sebi decided to relax the entry norms for foreign portfolio investors willing to invest directly in Indian markets rather than through participatory notes. However, the regulator is not looking to completely ban these …

Security and Intelligence Services files DRHP with Sebi for Rs 500 cr IPO
8 years, 6 months ago

Security and Intelligence Services files DRHP with Sebi for Rs 500 cr IPO

Firstpost  

Proceeds of the issue will be utilised towards repayment of loan, funding working capital requirements and for general corporate purposes New Delhi: Security and Intelligence Services Wednesday filed their draft papers with market regulator Sebi to raise an estimated Rs 500 crore through an initial public offering. The IPO comprises fresh issue of shares worth Rs 362.25 crore and an …

Portfolio managers' asset base rise for 8th straight month, up at Rs 11.4 lakh cr in Aug-end
8 years, 6 months ago

Portfolio managers' asset base rise for 8th straight month, up at Rs 11.4 lakh cr in Aug-end

Firstpost  

Asset base of portfolio managers, who mostly manage investments or provide advisory services to High Networth Individuals, stood at Rs 9.7 lakh crore in August 2015 New Delhi: Wealthy investors continued to have faith in portfolio managers or advisory services as the assets under management of such entities surged to Rs 11.4 lakh crore in the Indian capital market at …

SEBI lowers MF exposure limits
9 years, 2 months ago

SEBI lowers MF exposure limits

The Hindu  

As part of its attempts to make mutual funds reduce their exposure to one issuer or a sector in the debt schemes, the capital markets regulator Securities and Exchange Board of India has lowered the exposure cap for such investments by mutual funds. According to a statement from SEBI, the new norms would mitigate risks arising on account of high …

Sebi warns MFs against misuse of investor education funds
9 years, 8 months ago

Sebi warns MFs against misuse of investor education funds

Firstpost  

Sebi UK Sinha said that merging of various MF schemes can bring down cost of ownership, and thus protect investors’ interests. Mumbai: Taking note of the rising instances of mutual fund players improperly using the investor education funds, markets regulator Sebi today asked the industry to take corrective action or else the regulator will have to step in. Addressing an …

Sebi eases norms for MF's below Rs 50 cr net worth launch schemes
10 years, 2 months ago

Sebi eases norms for MF's below Rs 50 cr net worth launch schemes

Firstpost  

Mumbai: Market regulator Sebi has notified new rules that allow launch of two new schemes in a year by mutual fund houses with net worth below Rs 50 crore. However, such permission would be considered on a case-to-case basis, depending on such Asset Management Companies demonstrating that serious efforts are being made by them to meet the net worth requirements …

Sebi provides clarity on preferential issues, anchor investors
10 years, 6 months ago

Sebi provides clarity on preferential issues, anchor investors

Live Mint  

Mumbai: Providing more clarity, Securities and Exchange Board of India on Thursday said revised norms related to anchor investors and preferential share issues would be applicable prospectively from 25 August when the amended regulations came into force. Besides, Sebi has clarified that new anchor investor allocation would be applicable to companies which have filed offer documents with the Registrar of …

Sebi's board to consider market reforms this week
10 years, 9 months ago

Sebi's board to consider market reforms this week

India TV News  

New Delhi: With the aim of reviving the primary market, Sebi will this week consider wide-ranging rule changes, including the size of share sales and a mandatory minimum 25% public shareholding for listed PSUs. The proposed measures may help the government garner almost Rs 60,000 crore through share sales in listed public sector undertakings, deepen the markets and rationalise the …

Sebi raises cash transaction limit in mutual funds to Rs 50,000
10 years, 10 months ago

Sebi raises cash transaction limit in mutual funds to Rs 50,000

The Hindu  

To expand the reach of mutual funds in the hinterland, market regulator Sebi on Thursday increased the cash transactions limit in such funds to Rs 50,000 from Rs 20,000. The Securities and Exchange Board of India,, in September 2012, >had allowed fund houses to accept up to Rs 20,000 in cash per investor, per mutual fund in a financial year. …

Investors pump in Rs 1+ lakh crore in mutual fund schemes in April, highest in 3 yrs
10 years, 10 months ago

Investors pump in Rs 1+ lakh crore in mutual fund schemes in April, highest in 3 yrs

India TV News  

New Delhi: Investors pumped in more than Rs 1.12 lakh crore in various mutual fund schemes in April, making it the highest amount in three years. The funds mobilisation in April came after a net outflow of Rs 1.09 lakh crore in the preceding month.According to industry experts, it is expected to increase further in the coming months.Capital markets regulator …

Sebi asks FinMin to consider tax sops for mutual funds
10 years, 10 months ago

Sebi asks FinMin to consider tax sops for mutual funds

India TV News  

New Delhi: In a bid to boost the mutual fund industry, market regulator Sebi has requested the Finance Ministry to consider various tax sops and other measures for investors and a final decision in this regard would be taken by the new government. These are part of Sebi's efforts to incentivise and channelise household savings into long-term investment products.The Securities …

IIFCL seeks SEBI nod to mop up Rs 8,171 cr via tax-free bonds
11 years, 6 months ago

IIFCL seeks SEBI nod to mop up Rs 8,171 cr via tax-free bonds

India TV News  

MUMBAI: State-owned India Infrastructure Finance Company Ltd has sought the market regulator SEBI's approval to raise up to Rs 8,171 crore through tax-free bonds. “Public issue by IIFCL tax-free, secured, redeemable, non-convertible bonds in the nature of debentures of face value of Rs 1,000 each, having tax benefits. for an amount aggregating up to Rs 8,171.50 crore for fiscal 2014,” …

Sebi doubles RGESS fund offer period to 30 days
11 years, 9 months ago

Sebi doubles RGESS fund offer period to 30 days

Firstpost  

The extended period is available only for new fund offers of RGESS. Sebi in a notification on Friday allowed mutual funds to accept investor’s funds in new plans of the RGESS for 30 days, double the period now allowed. It has also increased the period for issuance statements and refund money in case of cancellations under RGESS to 15 days …

SEBI to regulate all investment advisors
12 years, 2 months ago

SEBI to regulate all investment advisors

India TV News  

New Delhi, Jan 23: SEBI has notified norms that make it mandatory for investment advisers to register with the capital market regulator and also require them to disclose all issues that could result in conflict of interests, among others. To ensure more transparency, the new regulations require investment advisers — banks, non-banking financial companies and corporates — would have to …

SEBI steps in to widen retail investor base
12 years, 7 months ago

SEBI steps in to widen retail investor base

The Hindu  

The Securities and Exchange Board of India, on Thursday, announced a slew of measures to revamp the capital market by wider participation of retail investors in the initial public offering and mutual fund industry, including steps to improve the geographical reach of mutual funds and introducing electronic-IPO. “SEBI has been concerned about the penetration of the mutual fund industry…….and electronic …

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