One of the significant disclosures is identifying ‘beneficial owners,’ which are typically large investors in the fund. However, if none of the investors has a big share of the fund corpus, key persons in the investment management entity of the fund are named as SMOs. These are people Sebi, with which all FPIs are registered, can reach out to if there are irregularities and compliance lapses.
D-Street ends in red for a third week on West Asia deal delay, oil spike
The Indian equity market saw a decline on Friday, ending a lackluster trading week as geopolitical tensions and rising crude oil prices loomed over Dalal