Mutual Funds NFO: Sebi fixes 30-day timeline for deploying funds raised from NFOs

Mutual Funds NFO: Sebi fixes 30-day timeline for deploying funds raised from NFOs

The Securities and Exchange Board of India (Sebi) has decided to implement timelines for the utilization of funds raised through New Fund Offers (NFOs) by asset management companies (AMCs) and has relaxed regulations regarding the alignment of interests between AMC employees and unitholders. Additionally, Sebi has mandated the disclosure of stress testing for all mutual … Read more

‘New asset class will be more tax efficient compared to Category III AIFs’: Experts weigh in Sebi’s new proposal

‘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