SEBI Proposes Net Settlement for Mutual Funds
India's market regulator proposed allowing mutual fund schemes to settle cash trades on a net basis. The move aims to reduce temporary liquidity needs and improve efficiency.
India's market regulator proposed allowing mutual fund schemes to settle cash market trades on a net basis on Thursday afternoon. The move aims to reduce liquidity requirements and boost settlement efficiency across domestic funds. The regulatory update extends a facility already granted to foreign portfolio investors earlier this year.
