Till recent times, investors had been considering debt funds to be a proxy to traditional investment products. However, certain market developments, including corporate defaults, hurt investors’ trust and confidence on mutual funds as an investment product. In a bid to sustain investors’ trust and to further safeguard the investor interest, Sebi in its board meeting held on June 27, 2019, had taken several decisions with respect of risk management framework of liquid funds, including prudential ..
ETFs trade like small-cap stocks as SEBI bans MFs’ overseas investment
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