From The Tribune
Center Owned by The Tribune TrustSEBI eases accredited investor norms, allows fund managers to certify eligibility; introduces Rs 5 crore exposure threshold
What's behind this
SEBI will allow mutual fund schemes to net fund obligations arising from outright purchase and sale transactions in the cash market starting April 1, 2027, under a new framework aimed at reducing temporary funding requirements, improving liquidity management and boosting operational efficiency for asset management companies.
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RSS excerpt
SEBI on Thursday revised its accredited investor framework, allowing fund and portfolio managers to directly determine investors' accreditation status while introducing securities market exposure thresholds of Rs 5 crore and Rs 20 crore for different categories of investors.