Sebi is currently vested with powers equivalent to that of a civil court and passes penalty orders against entities that commit market offences. However, if it wants to initiate criminal prosecution against any such market perpetrators, it has to go through the regular courts. In the past few years, Sebi hasn’t used its prosecution powers too often.
These 9 equity mutual funds are down by over 15% from 52-week high NAVs
Around nine equity mutual funds are down by more than 15% from their respective 52-week high NAV.
December 27, 2024