How will the investors’ money be protected after new risk framework
Updated: 16 Dec 2021, 09:45 AM IST
TL;DR.With newer asset classes joining the mutual fund portfolios, and growing risk, asset management companies are meant to set up a full-fledged risk management framework by January 1, 2022 to protect the investors’ interests. We explain what lies in store for you
The idea behind the new set of rules is to ask the mutual funds to carry out assessment of their risk, and submit it to the SEBI.