The markets regulator Securities and Exchange Board of India (Sebi) sees no merit in relaxing the 10 percent investment limit on a single share for actively managed mutual fund (MF) schemes, its boss said Wednesday. “The 10 percent limit is intended for diversification. Just because some programs outperform doesn’t mean …
Read More »Sebi Modifies NAV Rules for Mutual Fund Schemes – Everything You Need to Know
NEW DELHI: The Securities and Exchange Board of India (Sebi) on Thursday amended certain rules related to Investment fund (MF) schematics. He said that the end of the day net asset value (NAV) will be applicable during the purchase of MF units, regardless of size or time of receipt. The …
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