SEBI superseded earlier provisions on scheme classification and consolidated a revised structure aimed at ensuring funds remain "true-to-label," while accommodating new asset classes and strategies.

Markets regulator Sebi on Thursday came out with a revamped framework for classification of mutual fund schemes introducing ...

SEBI permits equity mutual funds to invest in gold and silver, introducing 'Life Cycle' funds for diversified asset allocation.

The move is aimed at ensuring “true-to-label” positioning and curbing exaggerated return claims in scheme names, as the regulator seeks to align the mutual fund architecture with the evolving ...