The logo of Securities of Exchange Board of India (SEBI) is pictured on its headquarters in Bandra Kurla Complex in Mumbai, India. (Source: BloombergQuint)
SEBI’s Multi-Cap Fund Rule: Won’t Buy Small, Mid Caps If It Doesn’t Make Sense, Says Nilesh Shah
The market regulator’s recent move directing fund managers to diversify investments in the multi-cap funds would not have a “material change” in the investment process, according to Nilesh Shah, he...