SEBI Relaxes SIF Norms, Exempts Mandatory AMC Staff Investments from ₹10 Lakh Rule [Read Order]

SEBI relaxes rules for Specialized Investment Funds, exempting AMC staff investments from the Rs. 10 lakh minimum requirement and easing norms for interval strategies
SEBI circular - SIF norms - AMC investment - taxscan

The Securities and Exchange Board of India (SEBI) has issued a new circular easing some of the rules for Specialized Investment Funds (SIFs). The circular clarifies two key points in response to questions from mutual fund companies and the industry association AMFI. According to the updated rule, an investor must invest at least Rs. 10…

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