SEBI unveils bold reforms, including a high-risk asset class and streamlined regulations, amidst controversy and internal discontent.
The Securities and Exchange Board of India (SEBI) has recently approved a new asset class aimed at high-risk investors, providing more flexibility for fund managers. This new product, called “Investment Strategies,” requires a minimum investment of Rs 10 lakh and intends to prevent unregistered investment schemes. SEBI also introduced the Mutual Funds Lite framework, easing ...