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Have you ever tried to view details on the total number of mutual funds available for purchase in India? If you haven't, I strongly suggest you visit www.amfiindia.com and check out the sheer number of mutual fund houses and the thousands of mutual funds available for us. There are 50+ Mutual Fund houses and even if consider each fund house has one fund for each fund category, we are looking at atleast a 1000 funds.
SEBI feels that, fund houses just offer NFOs to attract investments and then lose interest in the fund if it doesn't attract sufficient funds (As per their considerations). They devote very little interest on such funds and the investor interest is forgotten. Such funds generate dismal returns and investors lose their hard earned money. So, SEBI feels that, if a fund house fails to honor its commitment to investors in one fund, they may not be able to generate investments for any of their subsequent new funds and hence, they will take their jobs more seriously and always take investor interest as the primary factor when it comes to managing the funds.
What else can I help you with?
What is the new ruling by sebi with respect to mutual fund nfos?
SEBI has proposed that, a Mutual Fund New Fund Offer (NFO) will be approved only if it is able to attract a minimum level of investor interest. To be specific, it will be approved only if a certain amount of minimum corpus is invested in it by the public. For Equity Oriented funds, this amount is Rs. 10 Crores. For Debt Oriented funds, this amount is Rs. 20 Crores. This essentially means that, lets say ABC MF launches a new fund "ABC Dynamic Equity Multiplier" to the public and the overall corpus to begin with is only 8.5 Crores. In such a situation, ABC MF's NFO Request will be Rejected. They have to return all the money collected by them
Who is the new sebi governor?
Mark Dayton
What happens if a case is overturned on appeal and how does it impact the original ruling?
When a case is overturned on appeal, it means that the decision made in the original ruling is reversed or changed. This impacts the original ruling by nullifying it and replacing it with the new decision made on appeal. The parties involved may need to abide by the new ruling and any consequences that come with it.
What is the role of the sebi?
SEBI is the primary governing/regulatory body for the securities market in India. All transactions in the securities market in india are governed & regulated by SEBI. The SEBI Governs the following 1. New Issues (Initial Public Offering or IPO) 2. Listing agreement of companies with Stock Exchanges 3. Trading Mechanisms 4. Investor Protection 5. Corporate disclosure by listed companies etc.
Role of SEBI in India?
SEBI is the primary governing/regulatory body for the securities market in India. All transactions in the securities market in india are governed & regulated by SEBI. The SEBI Governs the following 1. New Issues (Initial Public Offering or IPO) 2. Listing agreement of companies with Stock Exchanges 3. Trading Mechanisms 4. Investor Protection 5. Corporate disclosure by listed companies etc.
What was Cleopatra VII 's youth and edication?
it was somthing that she did to her father as her and her father was ruling as king she new that one day she would be come queen.
What is the ruling class in the south?
who were among the ranks of the new ruling class of democrats in the south
Powers of SEBI?
The SEBI Governs the following 1. New Issues (Initial Public Offering or IPO) 2. Listing agreement of companies with Stock Exchanges 3. Trading Mechanisms 4. Investor Protection 5. Corporate disclosure by listed companies etc.
What are objectives and function of sebi?
SEBI is the primary governing/regulatory body for the securities market in India. All transactions in the securities market in India are governed & regulated by SEBI.The SEBI Governs the following1. New Issues (Initial Public Offering or IPO)2. Listing agreement of companies with Stock Exchanges3. Trading Mechanisms4. Investor Protection5. Corporate disclosure by listed companies etc.The SEBI is headquartered in Mumbai, India and has regional offices in the 4 metros.The reason for creation of SEBI is to take care of these three group of people.1. The Issuers of Securities (The companies)2. The Investors (Us)3. The Market Intermediaries (The brokers, DEMAT providers etc)
How can a Supreme Court ruling be overturned?
A Supreme Court ruling can be overturned through a process called judicial review, where a new case is brought before the Court that challenges the previous ruling. If the Court decides to hear the case and issues a new ruling that contradicts the previous one, the original ruling can be overturned. Additionally, a constitutional amendment or legislation passed by Congress can also overturn a Supreme Court ruling.
Who was the ruling power of the New and Old Testament?
God.
In what way did the court break new ground in its ruling in the Roe case?
make a new law
