Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
New small-cap MF investing rule likely
The Morning Standard
|March 12, 2024
THE Securities and Exchange Board of India (Sebi) is open to revising rules for the mutual fund industry investing in small-cap stocks amid growing concerns related to overstretched valuations and sudden dumping of shares in this category.
-
The capital market regulator will review its rule that mandates small-cap and mid-cap funds to invest a minimum of 65% of their assets in such stocks if fund managers find it is restraining risk management, said Sebi Chairwoman Madhabi Puri Buch on Monday. As per the norms, the remaining amount can be further invested in mid-cap/small-cap shares with some allocation to large-caps, cash and other assets. Buch's comments come weeks after Sebi told mutual funds (MFS) to frame a policy to protect the interest of investors following a sell-off in small, mid-cap, and micro-cap stocks.&nb
This story is from the March 12, 2024 edition of The Morning Standard.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Morning Standard
The Morning Standard
THE GHOST IN THE MACHINE
As algorithms curate our choices and Al blurs the line between human and machine, Khoj International Artists' Association's international exhibition questions what it means to remain human in a rapidly automated world. Don't miss it - it's the last day today.
2 mins
February 28, 2026
The Morning Standard
Security beefed up at Eden Gardens
WITH West Bengal already politically charged up as Assembly elections are round the corner and India playing their first match in Kolkata at the ongoing T20 World Cup, a beefed up security is expected to be in place on Sunday.
1 mins
February 28, 2026
The Morning Standard
BOOKENDED BY MELAS AND FESTS
ILLIAM
3 mins
February 28, 2026
The Morning Standard
Skilled talent shortages rise to 82% in India
ARTIFICIAL intelligence skills become the most sought-after skillset by enterprises in India in the fast-evolving world.
1 mins
February 28, 2026
The Morning Standard
India, EU release trade pact text
Legal doc contains provisions on trade facilitation, rules of origin, IPR, digital trade and CBAM
2 mins
February 28, 2026
The Morning Standard
Happy Hardik key for India
IN a must-win Super 8s game against Zimbabwe at the MA Chidambaram Stadium on Thursday, India all-rounder Hardik Pandya was key to help his team win by 72 runs.
1 min
February 28, 2026
The Morning Standard
A Decade of Invocation
Ahead of their performance at the Sufi Heritage Festival in Sunder Nursery, Delhi ensemble The Aahvaan Project talks about the lessons of the past decade, the evolution of the band’s philosophy and their recent EP
2 mins
February 28, 2026
The Morning Standard
Maruti to open 700 NEXA Studio outlets by 2030-31 to attract non-urban buyers
MARUTI Suzuki India (MSIL) plans to open up to 700 outlets of its small format premium retail chain NEXA Studio by 2030-31 as it looks to attract car buyers in non-urban centers.
1 min
February 28, 2026
The Morning Standard
19-yr-old’s ‘encounter’ death snowballs into Punjab row
THE death of 19-year-old Ranjit Singh in an alleged encounter by the Punjab Police in connection with the killings of two police personnel in Gurdaspur has snowballed into a major controversy, with the chorus for an independent inquiry growing louder.
2 mins
February 28, 2026
The Morning Standard
PM addressed 19 foreign parliaments from ‘14
PRIME Minister Narendra Modi addressed 19 foreign parliaments between 2014 and 2026, which is a record for an executive head of India.
2 mins
February 28, 2026
Listen
Translate
Change font size