"The AMC shall deploy the funds garnered in an NFO within 30 business days from the date of allotment of units," it added.

WhiteOak Capital Mutual Fund has introduced the WhiteOak Capital Equity Savings Fund, suitable for conservative investors ...

The National Financial Ombud Scheme South Africa rules that an expired Professional Driving Permit does not justify an ...

New Delhi Markets regulator Sebi on Thursday made it mandatory for asset management companies to deploy money collected from ...

The Securities and Exchange Board of India (Sebi) has mandated mutual funds (MFs) to deploy the corpus collected during the ...

The move aims to encourage AMCs to collect only as much funds via NFOs as can be deployed in a reasonable time, and to discourage any mis-selling of NFOs of the mutual fund schemes. The new rule will ...

SEBI mandates mutual funds to deploy NFO proceeds within 30 days, with possible extensions and penalties for non-compliance.

The move is aimed at encouraging AMCs to collect only as much funds in NFOs as can be deployed in a reasonable period of time ...

The Securities and Exchange Board of India (SEBI) has mandated asset management companies to deploy funds collected through ...

Sebi has made it mandatory for asset management companies to deploy funds raised through NFOs within 30 days, aimed at ...

Sports Toto Bhd's UK luxury car distribution unit HR Owen plc's sales outlook is seen to weigh on the company in the coming ...

Markets regulator SEBI on Thursday made it mandatory for asset management companies to deploy money collected from investors ...