Side pocket allowed for below investment grade assets only: Sebi2 min read . Updated: 29 Dec 2018, 12:51 AM IST
The markets regulator has left it to the discretion of the fund managers whether to use the facility or not
Mumbai: The Securities and Exchange Board of India (Sebi) on Friday allowed mutual funds to segregate stressed debt paper via the so-called ‘side pocket’ only if it falls below investment grade.
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