The consultation paper issued by the market regulator proposes a minimum investment of Rs 10 lakh in the new asset class
16-Jul-2024•Chirag Madia
On Tuesday, the Securities and Exchange Board of India (SEBI) proposed a new asset class for investors with higher risk-taking capabilities. The move is aimed to bridge the gap between mutual funds and portfolio management services (PMS). What is the proposed new asset class? In its consultation paper, SEBI stated that the new asset class would have a pooled fund st
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