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Explained: SEBI proposes new asset class to bridge gap between MFs and PMS- Read to know about ke...

by Wright Research

Published On July 17, 2024

In this article

Explained: SEBI proposes new asset class to bridge gap between MFs and PMS- Read to know about ke...

The eligibility criteria for the new asset class require mutual funds to have a strong track record, being operational for at least three years with an average AUM of Rs 10,000 crore in that period, and no regulatory action against the sponsor or AMC in the past three years.

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