SEBI amends risk management framework for Mutual Funds

With an objective of management of key risks involved in mutual fund operation, the SEBI has revised Risk Management Framework (RMF) for mutual fund. The new framework shall provide a set of principles or standards, which inter alia comprise the policies, procedures, risk management functions and roles amp; responsibilities of the management, the Board of AMC and the Board of Trustees.With an objective of management of key risks involved in mutual fund operation, the SEBI has revised Risk Management Framework (RMF) for mutual fund. The new framework shall provide a set of principles or standards, which inter alia comprise the policies, procedures, risk management functions and roles amp; responsibilities of the management, the Board of AMC and the Board of Trustees.taxmann.com Latest Statutory HappeningsRead More

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