💨 Abstract

India's market regulator, SEBI, has introduced a new category of 'specialised investment funds' for wealthier investors. These funds will offer various investment strategies such as equity long-short, debt long-short, and sectoral long-short. The funds can be launched as open-ended or close-ended, with a minimum investment size of 1 million rupees ($11,475.92).

Courtesy: theprint.in

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