You are here: Home » Markets » Mutual Funds
Sebi orders forensic audit of books of SunEdison Infrastructure Ltd
Sensex crosses 52,000-mark for first time amid huge investments by FPIs
Business Standard

Fund houses in a bind over Sebi's dividend diktat; Amfi sets up committee

There is also uncertainty on whether investors will be able to adjust the cost of acquisition of the units and avail of indexation benefits

Topics
SEBI | Mutual Funds | Fund Houses

Ashley Coutinho  |  Mumbai 



investors, promoters, mutual funds, regulators, regulation, market
The segregation will be difficult in the case of exchange-traded funds as it is difficult to determine at what price investors traded the units | Illustration: Binay Sinha

The Securities and Exchange Board of India’s (Sebi’s) diktat to segregate dividend as income distribution (appreciation in net asset value, or NAV) and capital distribution (equalisation reserve) in the consolidated income statement from April 1 has put mutual fund (MF) houses in a bind.

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Tue, February 16 2021. 00:24 IST

RECOMMENDED FOR YOU

.