RBI announces special liquidity facility for mutual funds

News: Reserve Bank of India(RBI) has announced a special window of ₹50,000 crore for Mutual Funds in view of the pressure that the fund houses are facing in the wake of the Coronavirus pandemic. Facts: Mutual Funds: It is a type of financial vehicle made up of a pool of money collected from many investors… Continue reading RBI announces special liquidity facility for mutual funds

SEBI tightens norms for mutual fund investments

The Securities and Exchange Board of India(Sebi) has introduced more checks and balances for mutual funds(MFs) to secure investors and stem systemic risks. SEBI has said that mutual fund schemes can now invest only in listed debt or equity.The valuation of securities in debt funds will now be on mark-to-market basis instead of the earlier… Continue reading SEBI tightens norms for mutual fund investments