Equity-Oriented ETFs and Index Funds Can Invest in Listed Securities of Sponsor’s Group Companies Beyond 25%: SEBI
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- Last Updated on 4 July, 2024
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Notification No. SEBI/LAD-NRO/GN/2024/188, Dated: 02.07.2024
The SEBI has notified an amendment in clause 9(c) of the seventh schedule of the SEBI (Mutual Funds) Regulations, 1996. As per the amended norms, Equity-oriented ETFs and index funds can now invest in the listed securities of sponsor group companies beyond 25% of their net assets. Earlier, Mutual funds were restricted from investing in listed securities of sponsor group companies beyond 25% of their net assets.
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