SEBI has proposed to permit asset management companies (AMCs) to extend their services to pooled non-broad based funds, including family offices. Currently, AMCs are restricted from managing or advising non-broad based funds without a portfolio management services (PMS) license. This new proposal aims to broaden the scope of AMCs’ services beyond broad-based pooled assets.
Groww’s Ishan Bansal sees structural shift in derivatives participation post regulatory changes
Derivatives business faces a structural reset post FY25 regulatory changes, with growth now driven by a smaller but stable customer base, increased market volatility, and