Mumbai: The Securities and Exchange Board of India (Sebi) clarified on Sunday that mutual funds have multiple options to comply with the multi-cap circular issued on Friday and that the new rules are aimed at ensuring that the funds are faithful to the so-called ‘label ‘. . Sebi added that …
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[ad_1] The Franklin Templeton Mutual Fund on Friday offered an unconditional apology to market regulator Sebi over the comment from its senior official that the sudden regulatory changes were to be blamed for its sudden decision to liquidate six debt mutual fund schemes. The fund house claimed that the media …
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[ad_1] The Securities and Exchange Board of India (Sebi) has “advised” the Franklin Templeton Mutual Fund to focus on returning the money that is stuck after the settlement of the six debt schemes to its investors. The regulator, in a late release Thursday, defended its October circular that required liquid …
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