SEBON Revises Seed Capital Policy to Encourage New Mutual Fund Schemes
Summary
SEBON has reduced the mandatory seed capital requirement for mutual fund schemes from 15% to 5% to encourage new fund launches and expand market activity.
Key Points
- SEBON has lowered the mandatory seed capital for mutual fund schemes from 15% to 5%.
- This amendment aims to encourage the launch of new mutual fund schemes and foster market expansion.
- The revised policy is expected to reduce entry barriers for fund managers and promote innovation.
- Market participants believe the change will strengthen investor confidence and deepen the capital market.
