Capital markets regulator Securities and Exchange Board of India (Sebi) has moved to streamline the risks in liquid funds by tightening the investment and valuation norms. At its board meeting in end June, Sebi decided to adopt new rules that may restrict liquidity, make net asset values (NAVs) volatile and lower returns. But can these rules make the liquid fund product category irrelevant?
Nine big financial changes that you must watch out for in October
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