SEBI Tightens Norms for Liquid Funds - 23.09.2019

Securities and Exchange Board of India (SEBI) as part of its attempts to strengthen the risk management framework for liquid funds has made it mandatory for such funds to hold at least 20% of its net assets in liquid assets while mandating an exit load on investors that exit within seven days of making an investment.

Tags : SEBI Liquid Funds

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