SEBI issues clarification on Regarding Asset Allocation of Multi Cap Schemes of Mutual funds.
Says - MFs cans merge their Multi Cap scheme with their Large Cap scheme
- or convert their Multi Cap scheme to another scheme category, for instance Large cum Mid Cap scheme.
Says - MFs cans merge their Multi Cap scheme with their Large Cap scheme
- or convert their Multi Cap scheme to another scheme category, for instance Large cum Mid Cap scheme.
SEBI says purpose of circular was to achieve the objective of True to Label and Appropriate Benchmarking.
SEBI will examine proposals of the industry in this regard.
Sebi is conscious of Mkt stability & has given time to the MFs till Jan 31, 21 to achieve compliance
SEBI will examine proposals of the industry in this regard.
Sebi is conscious of Mkt stability & has given time to the MFs till Jan 31, 21 to achieve compliance
In short the small cap party has been called off.
apne apne ghar jao...
Baad mein dekhte hai plan banta hai ki nahi :))
apne apne ghar jao...
Baad mein dekhte hai plan banta hai ki nahi :))
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