News From Press Sebi restores pre-covid cut-off time for mutual fund transactions

Sebi restores pre-covid cut-off time for mutual fund transactions

In April, ebi had reduced the cut-off timings of all mutual funds to 1 pm from 3 pm and for liquid and overnight schemes to 12.30 pm from 1.30 pm

Mint Nov 7, 2020

The Securities and Exchange Board of India (Sebi) has restored the pre-covid cut-off timings of mutual funds, effective 9 November. The regulator has sent a letter to industry body AMFI in this regard, a copy of which was seen by Mint. In April, Sebi had reduced the cut-off timings of all mutual funds to 1 pm from 3 pm and for liquid and overnight schemes to 12.30 pm from 1.30 pm.

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