The Market Regulator, SEBI has proposed to allow Mutual Funds to create Segregated Portfolios with respect to debt and money market instruments subject to various safeguards. This facility will be available to Mutual Funds based on credit events. Creating Segregated Portfolio may be optional for mutual funds, but approval of trustees is necessary for activating such portfolio.
from taxmann.com News https://ift.tt/2GaK2Bl
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