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of <h1>SEBI Clarifies Position Limits for Mutual Funds in 10-Year Interest Rate Futures Trading to Protect Investors.</h1> The Securities and Exchange Board of India (SEBI) issued a circular clarifying position limits for mutual funds in 10-year Interest Rate Futures (IRF) trading. Mutual funds will adhere to position limits equivalent to those of trading members, while individual mutual fund schemes will follow limits applicable to clients. This directive is in line with previous circulars and aims to safeguard investor interests and enhance securities market regulation. The circular is issued under the authority of the SEBI Act, 1992, and the Securities Contracts (Regulation) Act, 1956, and is accessible on the SEBI website.
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