The capital markets regulator has introduced a credit-rating based quota for allocating limits for anchor investors, according to a circular issued on Friday. Earlier, the anchor allocation was capped at 30% of the base size.
Sebi clears PRIM route for PMS players to invest in mutual funds, SIFs; Rs 25 lakh minimum ticket
Sebi’s board approved PRIM, allowing portfolio managers to invest client money in direct mutual fund plans, ETFs, index funds and SIFs. The new route carries