SUBSCRIBE
The Outlooker
27 °c
Delhi
  • Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
  • Home
  • Opinion
  • Politics
  • World
  • Business
  • Science & Tech
No Result
View All Result
The Outlooker
No Result
View All Result
  • National
  • Politics
  • Opinion
  • Business
  • Science
  • World
  • Health
Home Business

Sebi to issue mutual fund light regulations for passive funds; seeks to ease compliance burden

by The Outlooker Web Desk
May 27, 2023
in Business
0
Sebi to issue mutual fund light regulations for passive funds; seeks to ease compliance burden
1.8k
SHARES
12.9k
VIEWS
Share on FacebookShare on Twitter

Markets regulator Sebi will come out with a mutual fund light regulations for passive funds as part of efforts to reduce the compliance burden, foster growth as well as lower costs to investors, a senior official said on Friday.

Passive funds is an investment vehicle that tracks a market index or a specific market segment. These funds include passive index funds, Exchange Traded Funds (ETFs), and Fund of Funds investing in ETFs.

The regulator is looking to reduce compliance requirements for passive funds that are tied to changes in the underlying index and operate on a non-discretionary basis.

Share Bazaar Today, Share Bazaar Live

Share Bazaar Highlights: Nifty closes shy of 18500, up 0.97%, Sensex settles 635 pts higher; Page Industries tanks 13%

Adani group stocks

Adani Enterprises stock still 30% away from recovering Hindenburg loss; how far are other Adani group stocks?

share market

Stocks To Watch: HDFC, SAIL, Vedanta, Reliance Industries, Vodafone Idea, ONGC, Sun Pharma

Page Industries stock price today

Page Industries share price tanks 13% after Q4 net profit falls 59%; Should you buy, sell, hold?

To accommodate passive investments, such as index funds and ETFs, the regulator is introducing mutual fund light regulations, Sebi Whole Time Member Ananta Barua said.

“These regulations will provide greater flexibility for index funds and ETFs, enabling them to offer transparency, diversification, and lower costs to investors.

“By easing the compliance burden, Sebi aims to foster the growth of passive investments in the Indian mutual fund industry,” Barua said while speaking at the mutual fund summit organised by industry body Assocham in the national capital.

According to him, Sebi has revised the requirements for sponsoring a mutual fund, enabling entities with sound financial conditions, including private equity funds, to become sponsors without a mandatory profit track record.

To enhance liquidity in the debt market and address risks, Sebi has put in place prudential regulations for open-ended mutual funds, especially debt funds, he added.

“These regulations include requirements for minimum liquidity buffers, restrictions on investments in a single company or sector, and self-testing to assess the impact of market movements on the Net Asset Value (NAV) of the fund,” he said. Barua also emphasised that Sebi is committed to promoting good governance practices in the mutual fund industry.

“Trustee supervision of Asset Management Companies (AMCs) has been strengthened, and they now have additional responsibilities for overseeing fairness of fees and expenses, AMC performance, prevention of market abuse, and avoidance of conflicts of interest. “Moreover, mutual funds are encouraged to exercise their stewardship role by actively participating in voting and corporate governance matters of the companies they invest in,” he noted.

The Outlooker Web Desk

The Outlooker Web Desk

Next Post
Sensex may touch 100k in five years: Chris Wood

Sensex may touch 100k in five years: Chris Wood

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

The New ARGUS G3 mini with iCOSM CODE 2.0: Power and Portability in an Ultra-Light 40.85 g Design
Tech

The New ARGUS G3 mini with iCOSM CODE 2.0: Power and Portability in an Ultra-Light 40.85 g Design

May 12, 2025
Worn By Asaf Jah 1 The First Nizam Of Hyderabad, The Seraphim Blue Diamond Has Been Elusive
Offbeat

Worn By Asaf Jah 1 The First Nizam Of Hyderabad, The Seraphim Blue Diamond Has Been Elusive

April 26, 2025
Strengthening EU-India Relations: EU Youth President Éanán Peppard’s Perspective
Opinion

Strengthening EU-India Relations: EU Youth President Éanán Peppard’s Perspective

March 30, 2025
VOOPOO Unveils the Outshining ARGUS G3—A Revolutionary POD Device with Innovative Cartridge
Tech

VOOPOO Unveils the Outshining ARGUS G3—A Revolutionary POD Device with Innovative Cartridge

March 25, 2025

Connect with us

No Result
View All Result

Archives

  • May 2025
  • April 2025
  • March 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024
  • July 2024
  • June 2024
  • May 2024
  • April 2024
  • March 2024
  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • September 2023
  • August 2023
  • June 2023
  • May 2023
  • April 2023
  • March 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • July 2022
  • June 2022
  • May 2022
  • April 2022
  • March 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • July 2021
  • June 2021
  • May 2021
  • April 2021
  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020

Category

  • Artistic
  • Business
  • Crypto
  • Design
  • Entertainment
  • Fashion
  • featured
  • Food
  • Gaming
  • Health
  • Human
  • Lifestyle
  • Local
  • Movie
  • Music
  • National
  • Offbeat
  • Opinion
  • Politics
  • Science
  • Spaces
  • Sports
  • Tech
  • Travel
  • Uncategorized
  • World

Recent Posts

  • The New ARGUS G3 mini with iCOSM CODE 2.0: Power and Portability in an Ultra-Light 40.85 g Design
  • Worn By Asaf Jah 1 The First Nizam Of Hyderabad, The Seraphim Blue Diamond Has Been Elusive
  • Strengthening EU-India Relations: EU Youth President Éanán Peppard’s Perspective

About Us

The Outlooker

The Outlooker is your source of authentic, hand-picked news, stories, analysis from India & the World.

  • Terms Of Service
  • Privacy Policy
  • About us
  • Submit your story
  • Contact

© 2019-2021 The Outlooker. All rights reserved.

No Result
View All Result
  • Home
  • Politics
  • World
  • Business
  • Science
  • National
  • Entertainment
  • Gaming
  • Movie
  • Music
  • Sports
  • Fashion
  • Lifestyle
  • Travel
  • Tech
  • Health
  • Food

© 2019-2021 The Outlooker. All rights reserved.