SEBI to tighten MF rules in the upcoming board meeting
Jun 25 2019
News Category: Regulatory Updates
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Media reports that the Securities and Exchange Board of India may undertake measures of tightening mutual fund industry regulations and guideline on shares with differential voting right (DVR) in its upcoming board meeting. The market regulator is also expected to take up changes in the calculation of NAV. In addition, SEBI is expected to review AUM concentration of fund companies with the purpose of reducing the concentration of assets under few fund managers.