The framework will feature relaxed requirements around sponsor eligibility, including net worth, track record, and profitability, as well as changes to the responsibilities of trustees.

The Securities and Exchange Board of India (Sebi) has approved a relaxed regulatory framework for entities launching only passive mutual fund schemes. The new 'MF Lite' regulations simplify eligibility criteria,

The board cleared 17 proposals, including an amendment to insider trading rules to clarify the definitions of 'connected person' and 'immediate relative' and relaxed eligibility criteria and compliance requirements for investment advisers and research analysts.

This introduction of the MF Lite framework aligns with SEBI's ongoing efforts to support investor-friendly practices in the mutual fund industry. By providing a more accessible and flexible framework for passive investments,

India's markets regulator on Monday approved a new asset class, allowing investors to take higher risks through a regulated product. The Securities and Exchange Board of India (SEBI) said in a press statement that asset management companies can now offer riskier strategies,

The markets regulator Sebi's board approved new asset classes for high-risk investors and relaxed rules for passively managed mutual funds to reduce c