Markets regulator Sebi's board on Monday cleared a proposal to introduce a new asset class for high-risk profile investors to bridge the gap between mutual funds and portfolio management services and

Capital markets regulator SEBI has approved a new asset class aimed at high-risk profile investors. This product bridges the gap between mutual funds and portfolio management services, requiring a minimum investment of Rs 10 lakh.

The minimum investment limit for the new product will be Rs 10 lakh per investor across all investment strategies of the new product in a particular AMC (Asset Management Company).

India's markets regulator on Monday approved a new asset class, allowing investors to take higher risks through a regulated product. The Securities and Exchange Board of India (SEBI) said in a press statement that asset management companies can now offer riskier strategies,

The markets regulator Sebi's board approved new asset classes for high-risk investors and relaxed rules for passively managed mutual funds to reduce c

Sebi also eased rules for passively managed mutual funds, reducing compliance, encouraging competition, and facilitating entry for less risky schemes