The Securities and Exchange Board of India (Sebi) is set to meet on August 21 to further strengthen regulations for debt mutual funds, ETNOW reported on Tuesday.
The markets regulator is likely to announce changes in framework for liquidity funds, which may require debt funds to completely shift to mark-to-market valuation form April 1, 2020. Sebi may also lower the cap on unrated debt to 5 per cent from 25 per cent of net asset value (NAV), and will review the same periodically, the re ..