SEBI Recommendations on Mutual Fund Fees

The capital markets regulator, Securities and Exchange Board of India (SEBI), has recently put forth a series of proposals aimed at reforming the fee structure of mutual funds. These changes seek to enhance transparency, reduce mis-selling, and make investing in ..

Month: Current Affairs - May, 2023

Category: Economy & Banking Current Affairs

SEBI Increases Foreign Investment Limit for MFs

Securities and Exchange Board of India (SEBI) has increased overseas investment limit for local mutual funds. Highlights With this, mutual funds can make overseas investments to a maximum of US $ 1 billion per Mutual Fund out of overall industry ..

Month: Current Affairs - June, 2021

What are AT1 bonds?

Department of Financial Services (DFS), under finance ministry, has sent a memorandum to the chairman of Securities and Exchange Board of India (Sebi) and has asked it to withdraw a rule treating AT1 bonds (perpetuals) which is having 100-year maturity. ..

Month: Current Affairs - March, 2021

RBI launched a 50,000 Crore INR Liquidity Window to support Mutual Funds

The RBI has announced a special liquidity window of 50,000 crore INR for mutual funds in light of Franklin Templeton closing down 6 of its debt funds due to lack of liquidity. High Risk Mutual Fund Mutual funds are investment ..

RBI announces Special Liquidity Mutual Funds worth Rs 50,000 crores

On April 27, 2020, the Reserve Bank of India announced the special liquidity facility for mutual funds of Rs 50,000 crores. The Reserve Bank of India is increasing liquidity flow in capital markets as COVID-19 has imposed liquidity strains on ..

Month: Current Affairs - April, 2020

PMS Investment size increased by SEBI

The regulator of the securities market in India, Securities and Exchange Board of India (SEBI) had tightened disclosure norms on loan defaults and has increased the minimum investment limit by clients in a Portfolio Management Service (PMS) to Rs 50 ..

Month: Current Affairs - January, 2020

Muthoot Finance to acquire IDBI Mutual Fund

Muthoot Finance known as the largest gold financing company in the world has entered into an agreement to acquire IDBI Asset Management Limited and IDBI Mutual Fund Trustee Company limited on 22nd November 2019. The transaction is expected to be ..

Strengthening Corporate Bond Market

The corporate bond market in India has failed to take off in spite of measures in successive budgets and at least half a dozen committees mandated by the government, the RBI and the Securities and Exchange Board of India (SEBI) ..