News From Press Sebi mulls norms for MF investment in IPOs

Sebi mulls norms for MF investment in IPOs

Source: Financial Express Dec 26, 2022

The Securities and Exchange Board of India (Sebi) may tighten norms for investment by mutual funds in initial public offerings (IPOs). The guidelines may pertain to the post-allotment allocation of shares to various schemes and the due diligence process to be followed for IPO investments, said two people familiar with the matter.

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