The measures will reduce the systematic risks associated with the movement of securities from the demat account to clearing corporation account
Kavitha Krishnan, Senior Analyst Manager Research, Morningstar India, said expenses are closely regulated by Sebi when it comes to FoF structures
Intermediaries can also generate an e-challan, which can be shared with the companies or entities for making the required payment.
The move comes after the board of Sebi approved a proposal in this regard in June
Sebi said the asset management companies (AMCs) will have to invest in their own schemes based on its risk level
Being aware of the various risks and comparing them with peer groups will give an investor conviction of whether to apply for an IPO or not
The move is aimed at providing easy access to investors to participate in public and rights issues
The new RTA platform will offer a near real-time resolution as against just logging in the service requests
The IPO includes a fresh issue of equity shares worth Rs 300 crore and an offer-for-sale of 15,602,999 equity shares by promoter Fino Paytech
Sebi has issued a circular exempting the applicability of closing day NAV on transactions in the ETF units by the large investors directly with AMCs.