Beating not just benchmark indices but also star fund managers, an 8-month-old PMS scheme betting on smallcaps turned out to be the star performer, shows data pulled from PMS Bazaar. With a return of 9.09%, Hem Securities’ India Rising SME Stars fund topped the charts of PMS funds.
Sebi to review FPI rules, align with global norms
The Securities and Exchange Board of India is set to release a consultation paper aimed at refining compliance requirements for foreign portfolio investors. Chairman Tuhin