This flexibility to participate in CDS would serve as an additional investment product for mutual funds, Sebi said in a circular.
Earlier, mutual funds were only permitted to use CDS transactions to buy protection against the credit risk of corporate bonds they held. These transactions were limited to Fixed Maturity Plan (FMP) schemes with a duration of more than one year.
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the {{IssueName}} edition of {{MagazineName}}.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Akshay reveals which film he regrets not being a part of
He opted out of the sports biopic 'Bhaag Milkha Bhaag'
Deol family is conservative
Abhay is known for unique film choices
Kareena Kapoor has all the gossip
'Ranveer Singh kept me busy talking rubbish,' shares Bollywood actor Ajay Devgn
A mesmerising evening of literary classics and musical renditions
The book 'Ten Indian Classics' was recently launched at IHC's Stein Auditorium
Don Lee sparks speculation about his role in 'Salaar Part 2'
With a massive fanbase in India, it wouldn't be an exaggeration to consider South Korean American actor Lee Dong-seok - known by his stage names Don Lee and Ma Dong-seok - an honorary Indian star.
Captaincy is probably the hardest thing for Bumrah
Australian batting great Ricky Ponting has backed Jasprit Bumrah to shoulder the dual responsibility of spearheading the Indian pace attack as well as leading the team if Rohit Sharma misses the opening Test of the Border-Gavaskar Trophy in Perth.
PCB gets mail from ICC on India's unwillingness to tour Pak
Pakistan Cricket Board chairman Mohsin Naqvi on Sunday initiated talks with senior government officials to discuss future course of action after ICC conveyed to PCB about India's unwillingness to tour the country for next year's Champions Trophy.
India look to defend title on home soil
WOMEN'S ACT HOCKEY
Gritty Odisha FC hold Mohun Bagan SG to a 1-1 draw in ISL
Odisha FC will face Hyderabad FC on November 25, while Mohun Bagan Super Giant will take on Jamshedpur FC on November 23
Coco Gauff's WTA Finals title ends her season with $4.8 million check, big turnaround
Gauff wins the title for the first time by rallying to beat Zheng Qinwen