SEBI to Introduce New Asset Class to Bridge Gap Between PMS and MFs

Name: SEBI to Introduce New Asset Class to Bridge Gap Between PMS and MFs
Uploaded: 2024-01-01T00:00:00+00:00
Duration: 3 min
Description: Published On: July 17, 2024 - Market regulator SEBI is shaking things up with a brand-new asset class designed to fill the gap between mutual funds and portfolio management services or PMS. The minimum investment for this new asset class is just ₹10 lakh, that's one-fifth of the entry cost for PMS schemes. Here's all you need to know about the new asset class.

2024 • 3min • News • Business

Informative

Published On: July 17, 2024 - Market regulator SEBI is shaking things up with a brand-new asset class designed to fill the gap between mutual funds and portfolio management services or PMS. The minimum investment for this new asset class is just ₹10 lakh, that's one-fifth of the entry cost for PMS schemes. Here's all you need to know about the new asset class.