SEBI to be issuing directives for mutual funds on side-pocketing
Dec 21 2018
News Category: Regulatory Updates
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According to media reports, Securities and Exchange Board of India (SEBI) said that it would be issuing a directive on for mutual funds, laying down the terms and conditions on dealing with distressed debt assets. The process is popularly known as ‘side-pocketing’. The purpose of introducing the process is to protect the interest of the investors, while trying to curb mutual fund mis-selling.

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