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Sebi Sharpens Mutual Fund Classification

The capital markets regulator has tightened rules on classification of mutual fund (MF) schemes and capped portfolio overlaps, leading to the immediate closure of a plan category, potentially forcing a consolidation of thematic investment choices, and likely causing a shrinkage in the returns on arbitrage funds.

https://economictimes.indiatimes.com/photo/65498029.cms
https://economictimes.indiatimes.com/markets/stocks/news/positive-breakout-these-12-stocks-cross-above-their-200-dmas/upside-ahead/slideshow/128834671.cms

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