[ad_1] The Securities and Exchange Board of India (SEBI) has announced new regulations to ensure timely deployment of funds raised through New Fund Offers (NFOs), marking a significant shift in how NFOs are managed in India and seeking greater transparency and investor confidence in the mutual fund industry. According to SEBI’s new guidelines, Asset Management […]
SEBI wants mutual funds to deploy NFO proceeds within 30 days – CNBC TV18
[ad_1] The Securities and Exchange Board of India (SEBI) has released a consultation paper aimed at improving the deployment of funds collected by Asset Management Companies (AMCs) during New Fund Offers (NFOs). The paper seeks public comments on proposed timelines for how quickly these funds should be allocated according to a scheme’s asset allocation. SEBI […]