Now that mutual funds have been disallowed upfront commissions, there are conversations about market regulator Securities and Exchange Board of India (Sebi) considering the removal of upfronts for other managed products like portfolio management schemes (PMS) and alternate investment funds (AIFs). These products are sometimes more complex in strategy and come with a much higher minimum investment base (₹25 lakh and ₹1 crore, respectively) making them more suitable for defined risks that high net-worth (HNI) and ultra HNI investors seek.
Financial Terms Like Mutual Fund, IPO and Bond Now In Sign Language For Differently-Abled
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