The fine was issued under Section 42(7) of the Companies Act, 2013, which says, “No company issuing securities under this section (read: unlisted securities) shall release any public advertisement or use any media, marketing or distribution channels or agents to inform the public at large about such an issue.” Founded by Rituraj Sharma and Krishnna … Read more
For the third consecutive month, mutual fund houses have revealed the level of free float available in their small and mid-cap schemes to reveal the level of liquidity of their schemes. For the uninitiated, capital markets regulator Sebi directed mutual fund houses in March to carry out what is known as the ‘stress test’ every … Read more
Mutual funds in India are not explicitly permitted to invest in overseas mutual fund units, which have exposure to Indian securities. As a result, several mutual funds refrain from doing so. Capital markets regulator Sebi has noted that, in view of the strong economic growth prospects of India, Indian securities offer an attractive investment opportunity … Read more
Before opting for a debt instrument, investors are often recommended to check the credit rating. Higher the rating, the safer the instrument and conversely, the lower the rating, the riskier the investment. However, one may wonder what are the criteria based on which these agencies such as CRISIL and ICRA rate the financial products. Each … Read more
Markets regulator Securities and Exchange Board of India (Sebi) on Tuesday said that it has decided to relax Know Your Customer (KYC) norms to simplify the risk management framework. The markets regulator issued an updated notification on the master circular dated October 12. “Sebi circular dated October 12, 2023, has specified the Risk Management Framework … Read more
Markets regulator Securities and Exchange Board of India (Sebi) has recently tweaked regulations, making it mandatory for at least one key personnel within the investment team of the manager of an Alternative Investment Fund (AIF) to have the relevant certification. As per a Sebi circular dated May 13, the investment team of the manager of … Read more
The Capital markets regulator Securities and Exchange Board of India (Sebi) has recently issued a master circular for all registered registrars to an issue and share transfer agents (RTAs). The circular stipulates numerous details ranging from registration to responsibilities, transfer related matters, investor grievance redressal, investor charter, cyber security, and role of RTAs with respect … Read more
SEBI’s move has made bonds easily accessible to retail investors, and at this time, when interest rate reversal is expected in the markets, experts say Indian retail investors should look towards bond investments along with their equity build-up. Also Read: Will investing in bonds be made easier in India? How will SEBI’s move impact the … Read more
Capital markets regulator Securities and Exchange Board of India (Sebi) on Friday altered the rules to ease the digital onboarding process for clients of portfolio managers. Sebi had constituted various working groups to recommend measures to simplify and ease compliances. As part of these efforts, a working group was made to review the present regulatory … Read more
Investors who hold joint mutual fund folios have a reason to cheer. The capital markets regulator, the Securities Exchange Board of India (Sebi), has announced to grant an exemption (not an extension!) from nominating a nominee to the jointly-held mutual fund folios. This means that investors who hold joint mutual fund accounts do not … Read more