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.
Ahead of Market: 10 things that will decide stock market action on Monday
Indian equities extended losses for a fifth straight session, pressured by elevated oil prices and persistent FII outflows. Despite intraday recovery, sentiment remains weak amid