Sebi’s new asset class caters to investors with ₹10-50 lakhs, offering complex strategies like long-short equity and inverse ETFs previously limited to wealthier individuals. It aims to fill the gap between mutual funds and high-entry barrier investment options, promising better risk-adjusted returns but also carries higher costs and performance uncertainty.
Central Bank’s OFS draws 1.28x subscription
The government’s offer to sell its stake in Central Bank of India saw strong investor interest. The two-day issue closed on Monday with an overall