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Bharat-22 ETF additional sale on Feb 14, govt to raise Rs 3,500 cr
Tuesday, February 12, 2019, 1:14 PM
The government will launch an additional offering of Bharat-22 ETF on February 14 to raise at least Rs.3,500-crore, officials said. The ETF sale would be for a single day, in which both institutional and retail investors can participate, they said. Since this is an additional on-tap offering of Bharat-22 ETF, the issue would open for a single day for both institutional and retail buyers.
Sebi looks to tighten rules for liquid funds
Wednesday, January 16, 2019, 5:54 PM
Securities and Exchange Board of India may soon tighten norms for liquid funds, the most popular mutual fund product among institutional investors with average assets under management of over Rs 6 lakh crore. Some of the proposals that the capital market regulator is considering for liquid schemes are mandatory minimum investments in short-term government bonds and stricter valuation norms, said the source.
SEBI in talks with industry on mutual funds norms
Friday, December 7, 2018, 3:50 PM
Capital markets regulator SEBI is in talks with industry to deal with fears of contagion effect on mutual funds due to a liquidity crisis faced by the country's NBFC, SEBI Chairman Ajay Tyagi said on December-7. The crunch hit India's shadow banks in September and October after Infrastructure Leasing and Financial Services(IL&FS) defaulted on a series of debt obligations spreading panic among other NBFCs.
