Page 280 - Latest Updates on SEBI
Focused funds: Volatile but fund manager can mitigate portfolio risk
By doing rigorous research on her limited holdings, the fund manager can mitigate portfolio risk
 "Focused funds: Volatile but fund manager can mitigate portfolio risk")
Britannia Industries settles case with Sebi, pays over Rs 46 lakh
Britannia Industries has paid over Rs 46 lakh to Sebi to settle a case of alleged failure to carry out due diligence before giving effect to transmission of shares and issuance of demand draft
 "Britannia Industries settles case with Sebi, pays over Rs 46 lakh")
Sebi to empanel securities mkt trainers for investor education initiative
Sebi invited applications from individuals and entities to be empanelled as SMARTs to shore up the regulator's investor education initiative amid growing retail participation in the capital markets
Sebi tweaks norms for assigning NAV while purchasing units of MF schemes
Until now, investors who gave a cheque for below Rs 200,000 got the same day's NAV, while those putting more got the NAV of the day when the cheque was realised
Sebi asks MFs to put in place policy on trade execution, allocation
Sebi asked mutual fund houses to put in place a policy specifying role of several teams engaged in fund management and back office with regard to execution of order and allocation of trade
Multi-cap rejig could create bubble in small- and mid-caps: Amfi
On September 11, the capital markets regulator issued a circular directing multi-cap schemes to deploy at least 25% each in large-, mid-, and small-caps
Big firms become even bigger; market polarisation worries Street
Reliance Industries' m-cap now 50% higher than the combined m-cap of all small-caps
 "Big firms become even bigger; market polarisation worries Street")
Sebi working on new norms to label risks for various MF categories
Depending on the risk profile, mutual fund (MF) schemes are currently divided into five buckets, ranging between 'low risk' and 'high risk'
 "Sebi working on new norms to label risks for various MF categories")
Sebi allows REITs and InvITs to list on bourses operating in IFSC
In a circular, Sebi said units of InvITs and REITs meeting certain conditions may be permitted to list on stock exchanges operating in the IFSC
More than 1,000 listed companies file June quarter numbers in September
Some believe the Sebi should now revert to the original deadlines as such leeways keeps investors in the dark
 "More than 1,000 listed companies file June quarter numbers in September")
CAMS IPO upsized by 50% to facilitate NSE exit, to comprise 18.2 mn shares
The issue size is likely to be around Rs 2,200 crore, up from Rs 1,500 crore
 "CAMS IPO upsized by 50% to facilitate NSE exit, to comprise 18.2 mn shares")
Covid-19 hits IPO filings, only 11 offer documents filed with Sebi this yr
Market players said the lockdown and social distancing norms had made it difficult for companies, investment bankers and legal firms to do the paper work for IPO filings
 "Covid-19 hits IPO filings, only 11 offer documents filed with Sebi this yr")
Sebi allows Hexware to extend delisting offer by one more day to Sept 16
The cut-off date for Registrar to provide acceptance details is September 29, 2020, while the settlement date has been revised to September 30, 2020, the filing said
Sebi clarifies on penalty for non-collection of margins in cash segment
Markets regulator Sebi provided clarity on levy of penalty for non-collection of margins from clients in the cash segment by trading and clearing members
Sebi queers the pitch for fund managers with latest multi-cap circular
The recent circular follows the 'true-to-label' concept, but large funds in the multi-cap category may be forced to merge in the absence of sufficient small-cap options
 "Sebi queers the pitch for fund managers with latest multi-cap circular")
If your multi-cap fund becomes much riskier after new Sebi rules, exit it
Wait until your fund house communicates a change of mandate before you decide on your course of action
 "If your multi-cap fund becomes much riskier after new Sebi rules, exit it")
Look past the near-term pain in IRCTC for its monopoly in Railways
While FY21 likely to be washout for IRCTC, the firm appears to have all the ingredients in place to see strong earnings growth over next 2-3 years, say analysts
 "Look past the near-term pain in IRCTC for its monopoly in Railways")
Mid- and small-cap auto and ancillary stocks charge ahead on new Sebi norms
Besides the so-called technical factor, analyst also attribute the current rally to an attractive valuation, prompting investors to buy these stocks
 "Mid- and small-cap auto and ancillary stocks charge ahead on new Sebi norms")
BSE Smallcap index records sharpest intra-day rally in over 5 months
The development, analysts say, has given a fresh trigger to the mid-and small-caps that can see some uptick in the days ahead
 "BSE Smallcap index records sharpest intra-day rally in over 5 months")
HCL Tech surprises street with strong revenue outlook, robust deal book
Demand to improve as IT spending is expected to increase across sectors
 "HCL Tech surprises street with strong revenue outlook, robust deal book")