Sebi plans to change MF norms to tackle overlaps, ensure names ‘true-to-label’
The Securities and Exchange Board of India (Sebi) has proposed changes to mutual fund scheme categorisation to address portfolio overlaps. The regulator may also permit fund houses to launch a second scheme in the same category and invest part of the corpus in Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). “It was … Read more