SEBI rejigs debt MF rules
The capital markets’ regulator frames risk management norms for debt mutual funds, which would control debt funds' portfolio and duration risks, and protect gullible investors.
The capital markets’ regulator frames risk management norms for debt mutual funds, which would control debt funds' portfolio and duration risks, and protect gullible investors.
Ajay Tyagi, chairman of the markets regulator, says mutual funds must remember there is a difference between ‘investing’ and ‘lending’; hints at a slew of reforms for the debt market.