Following directions from the markets regulator in this regard on Tuesday, the industry body Association of Mutual Funds in India (Amfi) has sent a letter to MF trustees, asking them to ensure "appropriate and proactive measures".
The Sebi directive comes after the initial round of stress tests on smallcap and midcap schemes with large assets under management (AUM) to see if they can manage huge redemptions in the event of a market downturn.
Sebi has recommended measures like putting restrictions on inflows, portfolio rebalancing, and creating a framework to protect investors from the first-mover advantage of redeeming investors.
According to to industry experts, Sebi is looking to ensure that during phases of market downturns and the resultant surge in outflows, the first set of investors shouldn't be at an advantage to those staying invested.
この記事は Business Standard の February 29, 2024 版に掲載されています。
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この記事は Business Standard の February 29, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
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