In order to discourage large investors from sudden redemption and ensure fairness of treatment of entering, exiting and existing investors in open-ended debt mutual fund schemes, Securities and Exchange Board of India (Sebi) has proposed the concept of swing pricing. It will be partial during normal times and a mandatory full swing will come into force on high stress or market dislocation.
Solving the KYC mess: 5 steps that SEBI has taken to make things easy
Read More
