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  • All about the overnight mutual fund schemes in India – what, why, how and who11 February 2019

    In its move to bring about standardization SEBI grouped the mutual funds market into five groups. The Securities and Exchange Board of India wants to curb fund houses from overpromising any schemes to investors. Furthermore, the watchdog desires to enable the investors to put their surplus or liquid cash to efficient use. This was done through a circular dated October 6th, 2017 on the Categorization and Rationalization of Mutual Fund Schemes. According to this circular, all debt mutual funds are put into sixteen

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