MUMBAI, June 21 (Business Standard): Market regulator the Securities and Exchange Board of India (Sebi) introduced a minimum subscription amount criterion to ensure adequate assets under management (AUM) in debt fund schemes.
"It has been observed that many debt-oriented schemes are operating with a very low AUM. In the interest of investors, it is important that debt-oriented schemes have an adequate corpus to ensure adherence to the investment objectives as stated in scheme information document…," stated a Sebi circular issued on Friday.
Sebi tweaks debt fund norms for ensuring adequate corpus
FE Team | Published: June 22, 2014 00:00:00 | Updated: November 30, 2026 06:01:00
Share if you like