News From Press PE firms still to show interest in sponsoring mutual funds

PE firms still to show interest in sponsoring mutual funds

Source: Business Line Oct 17, 2024

It’s been more than a year since the Securities and Exchange Board of India (SEBI) issued the framework permitting private equity firms to sponsor mutual funds but so far it has found no takers among PE firms, who may be hesitant due to the array of additional requirements and volatile market conditions, according to market experts.

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