SEBI is considering changes to mutual fund categorisation to prevent portfolio overlaps, potentially capping overlap at 50% for certain funds. The regulator proposes standardised scheme naming for clarity, like ‘large cap scheme’ and renaming some debt schemes. Solution-oriented funds may face lock-in periods for new investments.
India Inc reduced overseas bond issues on local liquidity, rupee fall
Indian companies scaled back overseas bond issuances as improved domestic liquidity and a weaker rupee made local fundraising more attractive.