Sebi said the asset management companies (AMCs) will have to invest in their own schemes based on its risk level
Being aware of the various risks and comparing them with peer groups will give an investor conviction of whether to apply for an IPO or not
The move is aimed at providing easy access to investors to participate in public and rights issues
The new RTA platform will offer a near real-time resolution as against just logging in the service requests
The IPO includes a fresh issue of equity shares worth Rs 300 crore and an offer-for-sale of 15,602,999 equity shares by promoter Fino Paytech
Sebi has issued a circular exempting the applicability of closing day NAV on transactions in the ETF units by the large investors directly with AMCs.
The unclaimed funds will be deployed only in those overnight, liquid, and money market funds that are placed in a relatively low-risk category.
The flexicap category is the second-largest equity mutual fund category after largecap funds.
The new platform would act as a one-stop shop for financial and non-financial mutual fund transactions
Cryptocurrency trading platforms such as WazirX, CoinDCX, and CoinSwitch Kuber will come under the ambit of the proposed guidelines