Passive funds set to get a fresh boost with SEBI’s new diktat
Updated: 26 May 2022, 07:47 AM IST
TL;DR.
Now mutual funds will have to disclose indicative Net Asset Value continuously with 15-second lag for equity ETFs and at least four times a day for debt ETFsSebi said that investors can directly approach the AMC for redemption of units of ETFs, for transactions of up to ₹25 crore without any exit load, in case of certain scenarios.