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Sebi moots new asset class for higher risk-takers
The Morning Standard
|July 17, 2024
MARKET regulator Sebi has proposed a new asset class, primarily meant for high risk-takers that can bridge gap between mutual funds and portfolio management services offering flexibility in portfolio construction.
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The Securities and Exchange Board consultation paper floated on Tuesday proposes a minimum investment of ₹10 lakh for this asset class that could be allowed to invest even in derivatives for purposes other than hedging and rebalancing.
It proposes a minimum investment of
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