Sebi clears PRIM route for PMS players to invest in mutual funds, SIFs; Rs 25 lakh minimum ticket
60-Word AI Digest
Sebi’s board approved PRIM, allowing portfolio managers to invest client money in direct mutual fund plans, ETFs, index funds and SIFs. The new route carries a Rs 25 lakh minimum ticket size and expands PMS portfolio construction options beyond direct equities.
Key Takeaways
- Sebi’s board approved PRIM, allowing portfolio managers to invest client money in direct mutual fund plans, ETFs, index funds and SIFs.
- The new route carries a Rs 25 lakh minimum ticket size and expands PMS portfolio construction options beyond direct equities.
- Full details and original dispatch available below.
Sebi’s board approved PRIM, allowing portfolio managers to invest client money in direct mutual fund plans, ETFs, index funds and SIFs. The new route carries a Rs 25 lakh minimum ticket size and expands PMS portfolio construction options beyond direct equities.
Original Publisher Attribution
This summary was curated from Economic Times.