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.
Why did market rise today? Sensex soars 890 pts, Nifty closes above 24,250; 4 factors behind Rs 4 lakh cr gains on D-Street
Indian stock markets experienced a significant surge on Wednesday. Benchmark indices Sensex and Nifty both rose over one percent. This occurred despite a sharp increase