Sebi further extends timelines for debt mutual funds to meet new norms

Norms have been extended till June 30, 2020

Sebi has given further extension to debt mutual funds MFs on timelines for meeting new norms laid down by the regulator.

Norms pertaining to maintaining 20 per cent of liquid schemes in liquid assets, revised limits on sector exposure, and scrapping of amortised-based valuations have been extended till June 30, 2020.