[ad_1] Mumbai: The Securities and Exchange Board of India (Sebi) has relaxed its rules for foreign portfolio investors, alternative investment funds, and registered investment advisors amid increasing cash equity market trading volumes. In its first board meeting under new chairperson Tuhin Kanta Pandey on Monday, India’s markets regulator increased the investment threshold for granular ownership…
[ad_1] Discretionary portfolio managers have grown by ₹4.26 lakh crore since then. And even mutual fund investors have discovered the power of risk-adjusted returns through categories such as balanced advantage funds ( ₹2.9 lakh crore of assets under management) and multi-asset funds ( ₹4.33 lakh crore of AUM). The Securities and Exchange Board of India…
[ad_1] The International Financial Services Authority (IFSCA), which regulates GIFT City, has proposed a reduction in the minimum ticket size for portfolio management services (PMS) from $150,000 to $75,000, or about ₹64 lakh at current exchange rates, according to a consultation paper released on Monday. This brings the minimum ticket size for PMS closer to…
