Sebi notifies PMS rules; broadens investment avenue for portfolio managers, introduces PRIM route
Sebi has announced a new Portfolio Management Services framework effective from April 1, 2027. This framework permits portfolio managers to invest in IPOs, primary market debt, and various overseas securities. Portfolio managers can also offer advisory services related to unlisted securities for large investors. Furthermore, a Portfolio Managers Route for Investing in Mutual Fund units will...
Key Takeaways
- Sebi has announced a new Portfolio Management Services framework effective from April 1, 2027.
- This framework permits portfolio managers to invest in IPOs, primary market debt, and various overseas securities.
- Portfolio managers can also offer advisory services related to unlisted securities for large investors.
Sebi has announced a new Portfolio Management Services framework effective from April 1, 2027. This framework permits portfolio managers to invest in IPOs, primary market debt, and various overseas securities. Portfolio managers can also offer advisory services related to unlisted securities for large investors. Furthermore, a Portfolio Managers Route for Investing in Mutual Fund units will facilitate investment in direct plans.
Original Publisher Attribution
This summary was curated from Economic Times.