The Securities and Exchange Board of India (Sebi) is investigating the surge in thematic mutual fund launches, which raised about ₹80,000 crore in 2024. Sebi chairperson Madhabi Puri Buch mentioned an incentive-driven arbitrage in the proliferation, with thematic funds now managing assets worth ₹4.63 lakh crore.
Sebi relaxes F&O monitoring norms for intraday limits, removes penalty for breach
Sebi has mandated exchanges to monitor at least four intraday position limits for index derivatives starting April 1, 2025. While breaches won’t incur penalties yet,