Markets regulator Sebi on Thursday tweaked the framework for valuing the investment portfolios of Alternative Investment Funds (AIFs) whereby securities — other than unlisted, non-traded, or thinly-traded securities — will now be valued in line with mutual fund rules.
Banks park big money with ‘rival’ mutual funds
In 2025, Indian banks are unusually investing heavily in mutual funds, with investments surging 91% to ₹1.19 lakh crore. This shift is driven by suboptimal