FT impact: SEBI limits MFs' debt pie - The Hindu BusinessLine
FT impact: SEBI limits MFs’ debt pie Investment capped at 10%, disallows close-ended funds in perpetual bonds Wiser after the Franklin Templeton crisis, market regulator SEBI has capped the mutual funds investment in debt instruments issued by single issuer at 10 per cent. Mutual fund will not invest over 10 per cent of its NAV of the debt portfolio of the scheme in instruments with special features and not more than 5 per cent of its NAV of the debt portfolio in instruments issued by a single issuer, said SEBI on Wednesday. Banning close-ended schemes from investing in perpetual bonds, SE...
Source: thehindubusinessline.com