SEBI’s Reform Measures For Mutual Funds Will Bring In Transparency: Mahendra Jajoo, Mirae Asset
  • WebDesk BTVI
  • Jun 28 2019

Following the liquidity crisis in some AMCs, SEBI made it mandatory for mutual funds selling liquid schemes to hold at least 20 percent in liquid assets like cash, govt securities, and also banned them from entering into standstill agreements with firms into whose debt they have exposure to. Disclosure norms for share pledge by promoters are also tightened. On ‘The MF Guide’, Muralidhar Swami spoke to Mahendra Jajoo, Mirae Asset, on SEBI tightening regulations for MFs to safeguard investors.