News From Press Fund houses ready NFOs as ban nears end, say will comply with new norms

Fund houses ready NFOs as ban nears end, say will comply with new norms

Source: BS Jun 18, 2022

Asset management companies (AMCs) are preparing to launch new fund offers (NFOs) as the three-month embargo nears its end. On Friday, at least five AMCs filed offer documents with capital markets regulator Securities and Exchange Board of India (Sebi) seeking its permission to launch new schemes.

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