This was communicated by the Securities & Exchange Board of India (Sebi) to custodians of offshore funds, two persons aware of the regulato...

Capital markets regulator Sebi on Wednesday slapped a fine of Rs 3 lakh on three entities for failing to wind up India Growth Fund, a schem...

The decision, driven by a few considerations, was communicated by the Securities & Exchange Board of India (SEBI) in a January 24 email to ...

The new rule allows such investments to be either sold to a new scheme of the same AIF - liquidation scheme or distributed in-specie to the...

Several funds have also been asked by the Securities & Exchange Board of India (Sebi) to confirm whether they have spelt out the resolution...

For mutual funds and portfolio managers, Sebi said they are advised to disclose the investor charter on their websites, as per separate cir...

India is growing distant from globally prevalent norms, where funds rely on the contractual negotiations with the investors, while regulato...

The board also agreed in principle to shift from the concept of promoter to controlling shareholders in a progressive manner. It also appro...

The regulator wants a third-party intermediary, governed by rules of the capital market, to verify information in a fund's 'private placeme...

Under the framework, existing AIFs may also invest simultaneously in securities of investee companies and in units of other AIFs, Sebi said.

As part of efforts to streamline disclosure standards, the regulator in February put in place mandatory performance benchmarking of AIFs.

A template for Private Placement Memorandum in the case of these funds has also been issued.

The Private Placement Memorandum (“PPM”) for each fund is submitted and reviewed by SEBI prior to granting registration to the fund.

Investments by registered AIFs have grown 75 per cent year-on-year in the last two years.

The net cumulative fund raised by AIFs in past six years till March 2019 is Rs 1.3 lakh crore.

Sebi just asked these funds, which raise money from the rich, to stop unduly favouring rich investors.

Tests show a second type of pesticide in the brand of Chinese dumplings that have sickened at least 10 people in Japan and set off a nation...