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Sebi asks AMCs to deploy NFO funds within 30 days
The New Indian Express Coimbatore
|February 28, 2025
THE Securities and Exchange Board of India (Sebi) has cut short the fund deployment time for mutual funds to 30 days raised through new fund offers (NFOs) and has also relaxed regulations regarding the alignment of interests between asset management companies' (AMC) employees and unitholders.
The market watchdog has also mandated disclosure of stress-testing for all mutual fund schemes to provide increased transparency for investors, apart from measures to prevent mis-selling of new schemes by making distributors eligible only for the lower of the two commissions offered under the two schemes involved in a switch transaction, the reg
This story is from the February 28, 2025 edition of The New Indian Express Coimbatore.
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