‘New asset class will be more tax efficient compared to Category III AIFs’: Experts weigh in Sebi’s new proposal
The new asset class proposed by the Securities and Exchange Board of India (Sebi) is anticipated to introduce innovative investment products and styles into the market. This development may potentially incentivize certain investors to transition away from current high-risk products such as portfolio management services (PMS) and alternative investment funds (AIFs). This move aims to … Read more