💨 Abstract
The Securities and Exchange Board of India (SEBI) has approved a new asset class, enabling high-risk investors to invest in riskier strategies like long-short equity. The new class is positioned between mutual funds and portfolio services, offering exposure to equity derivatives. SEBI has also eased regulations for passively managed mutual funds, allowing lower capital and reduced compliance.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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