The Securities and Exchange Board of India (Sebi) on Friday said it has disposed of charges against L&T Mutual Fund and its former officials on violation of norms during inter-scheme transfers between April 2017 and June 2018. The closure of the case came after the fund house and its former officials applied for settling the […]
The Securities and Exchange Board of India (Sebi) may tighten norms for investment by mutual funds in initial public offerings (IPOs). The guidelines may pertain to the post-allotment allocation of shares to various schemes and the due diligence process to be followed for IPO investments, said two people familiar with the matter. Currently, mutual funds […]
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