scorecardresearchSebi may put a cap on PMS investments in related entities: Report

Sebi may put a cap on PMS investments in related entities: Report

Updated: 04 Aug 2022, 09:56 AM IST
TL;DR.
Markets regulator might put a cap on PMS firms’ investments in all equity and debt securities of related entities put together at 30 percent
A new clause might be introduced asking for portfolio managers to get their clients’ consent before making such investments

A new clause might be introduced asking for portfolio managers to get their clients’ consent before making such investments