The regulator has made these changes because of amendment done in rating agencies' norms, Sebi said in a circular.
The move comes after the Sebi, Association of Mutual Funds (Amfi), and IDBI trustee moved a Division Bench of the court, challenging the interim order granting protection to Indiabulls.
Fund houses say a committed liquidity line from RBI can ease pressure
Concluding the series the author says it is time the MF industry participated in the possibilities offered by the rapid advancement in technology
In one-month period, large-cap schemes down 20 per cent
Discount broker plans to build a business model around passive funds
Experts say the Sebi rule has played a part but it is also a reflection of the funding crisis that NBFCs are going through.
Improving mix of equity products is positive for an AMC as equity products offer higher management fees than fixed income products.
Over 25 per cent (more than Rs 6,000 crore) of the net flows have been directed toward the large-cap category
Excluding new fund launches, monthly collection was 19% lower
While Mittal believes that time spent in market is a positive and can be helpful, there is no magic number of between 30 and 35 years at which to set a minimum threshold for experience, as per him
Five of the top 10 mutual funds by equity value are holding cash in the range of 8-11 per cent, a reasonably high number
Total flows into MFs up 13% to Rs 9,152 crore; Small-cap funds see 56% surge
Many have Mutual fund assets, which are less than 5% of economic output
Only those who have a large portfolio and the ability to select the right fund managers should opt for it
Sinha says funds need to win trust of ordinary people
Seven top executives discuss the road ahead for the fund industry, how they plan to restore investor confidence and woo millennials
India's leading fund managers say it is unfair to compare the fund industry's issues with the banking sector's woes
In June, the folio count in this category was up by 450,024, rising to 58.8 million folios
The move could pose a challenge for the industry as the assets garnered from B30 cities currently account for only a minuscule portion of the overall industry assets