SEBI allows AMCs to offer instant access facility in ‘Overnight Mutual fund Schemes’: SEBI

To promote the development and to regulate the securities market, the Markets regulator has allowed asset management companies to offer instant access facility in overnight mutual fund schemes. Earlier, Asset Management Companies were allowed to offer such a facility only in liquid schemes.To promote the development and to regulate the securities market, the Markets regulator has allowed asset management companies to offer instant access facility in overnight mutual fund schemes. Earlier, Asset Management Companies were allowed to offer such a facility only in liquid schemes.taxmann.com Latest Statutory HappeningsRead More

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