Introducing the βIn Favour Ofβ filter in Case Laws.
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Introducing the βIn Favour Ofβ filter in Case Laws.
Try it now in Case Laws β


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<h1>SEBI Amends Rules: Limits Passive Mutual Fund Investments in Sponsor Group Companies to 25%, 35% for Certain ETFs/Index Funds.</h1> The Securities and Exchange Board of India (SEBI) has amended regulations to streamline prudential norms for passive mutual fund schemes regarding investments in securities of group companies of their sponsors. The amendment restricts such investments to 25% of the scheme's net assets, with exceptions for equity-oriented ETFs and Index Funds, which can invest up to 35% based on the index's weightage. Indices must be widely tracked with assets under management of INR 20,000 Cr. or more. Indices will be updated biannually, and funds must rebalance portfolios within specified timelines to avoid penalties.