Sebi mandates AMCs to deploy NFO funds within 30 business days from April 1, 2025. Investment committees may extend this once, with reasons documented and monitored by trustees. AMCs must specify achievable timelines in scheme documents.
Avoid euphoric valuations, keep cash for better entry points: Pankaj Tibrewal
Pankaj Tibrewal of IKIGAI Asset Managers finds current valuations too high for new investments. Defence sector valuations are especially prohibitive. Cement sector, particularly in South