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SEBI Issues Guidelines for MFs on Inter-scheme Transfer of Securities - (09 Oct 2020)

CAPITAL MARKET

Securities and Exchange Board of India (SEBI) has tightened rules on inter-scheme transfers (ISTs) in mutual fund schemes. The Board has said that inter-scheme transfers for managing liquidity should only be taken after all other avenues including using cash, market borrowing and selling securities in the market for raising liquidity have been attempted and exhausted.

Tags : SECURITIES AND EXCHANGE BOARD OF INDIA MFS ON INTER-SCHEME TRANSFER OF SECURITIES

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