Market regulator Securities and Exchange Board of India (SEBI) has cleared a proposal to introduce a new asset class for high-risk profile investors to bridge the gap between mutual funds (MF) and portfolio management services (PMS).

SEBI approves new asset class and passive mutual fund framework, defers F&O changes, and increases scrips for T+0 settlement.

India's markets regulator on Monday approved a new asset class, allowing investors to take higher risks through a regulated product.

The Securities and Exchange Board of India (Sebi) has approved a relaxed regulatory framework for entities launching only passive mutual fund schemes. The new 'MF Lite' regulations simplify eligibility criteria,

The framework will feature relaxed requirements around sponsor eligibility, including net worth, track record, and profitability, as well as changes to the responsibilities of trustees.

Markets regulator Sebi's board on Monday cleared a proposal to introduce a new asset class for high-risk profile investors to bridge the gap between mutual funds and portfolio management services and

The markets regulator Sebi's board approved new asset classes for high-risk investors and relaxed rules for passively managed mutual funds to reduce c