Tag: Mutual funds
Intermediaries accountable for laundering, terrorism financing
SEBI has issued a circular stating that intermediaries – including brokers, mutual funds and portfolio managers – can be held accountable for any fraudulent activities committed by their clients
Time not ripe for mutual funds to buy offshore
At the behest of the central bank, the Securities and Exchange Board of India (SEBI) issued an advisory back in late January, asking mutual funds to stop fresh investments into overseas stocks