Capital market watchdog Sebi has notified easier profitability criteria for becoming a mutual fund sponsor to facilitate innovation and expansion in the sector.
Capital markets Regulator Sebi on Tuesday released guidelines for setting up of limited purpose clearing corporation (LPCC) by asset management companies, making it obligatory for them to contribute towards the share capital of such entities.
Capital markets regulator Sebi on Friday tweaked the monthly cumulative reporting format, whereby asset management companies (AMCs) will have to disclose about creation of segregated portfolios.
Markets regulator Sebi on Friday provided clarity on cumulative gross exposure taken by mutual funds on exchange-traded commodity derivatives (ETCDs).
The number of new systematic investment plans (SIPs) in mutual funds jumped sequentially in December while SIP inflows also gained, in a possible sign of a turnaround in India’s mutual fund industry that is facing outflows from equity funds amid a record rally in the markets.
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