Equity mutual funds saw broad losses last week, with 554 of 578 schemes ending in the red and only 24 posting gains. Nifty50 and Sensex fell over 2%, while global indices also slipped. Quant Commodities Fund, Motilal Oswal schemes, and tech funds ranked among the biggest losers.
Sebi board meeting: PMS rules overhaul, FPI commodity trades among key decisions to watch out
Sebi’s upcoming board meeting aims to discuss significant changes to portfolio management services and settlement regulations. Proposed revisions could allow discretionary portfolio managers to make