The current thinking within Sebi is to cap PMS firms’ investments in all equity and debt securities of related entities put together at 30%. The regulator might also ask portfolio managers to obtain the consent of clients if the money manager wants to invest in related parties, said the people cited above.
Clear Secured Services IPO listing today. Check GMP ahead of debut
Clear Secured Services is set for its market debut on December 8 following a successful ₹85.60 crore IPO, which saw strong investor demand. The integrated