scorecardresearchPMS firms ought to intimate investors about change in portfolio manager: SEBI's new rules

PMS firms ought to intimate investors about change in portfolio manager: SEBI's new rules

Updated: 13 Jun 2022, 01:04 PM IST
TL;DR.
Investors need to be informed about change in the portfolio manager, thus giving them an option to exit without exit load.
The prior approval taken from the SEBI will be valid for a period of six months from the date of such approval.

The prior approval taken from the SEBI will be valid for a period of six months from the date of such approval.