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Sebi's new skin-in-the-game framework for MFs likely to stretch AMCs

Currently, fund houses are required to invest a maximum of Rs 50 lakh per scheme

Topics
Mutual Funds | SEBI | mutual fund industry

Chirag Madia  |  Mumbai 



mutual funds
For a scheme with Rs 1-trillion assets under management, the fund house will have to invest Rs 130 crore — far higher than ~50 lakh being invested now

The Rs 33-trillion domestic mutual fund (MF) industry will be required to make thousands of crores of investments in its own schemes to meet the Securities and Exchange Board of India's (Sebi’s) new skin-in-the-game framework approved by its board last month.

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First Published: Tue, July 27 2021. 06:06 IST

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