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SEBI asks MFs to rebalance their portfolio within 30 days in case of passive breaches

The Securities and Exchange Board of India (SEBI) has issued a significant regulatory update requiring asset management companies (AMCs) to rebalance portfolios for all passive breaches within 30 business days. This marks a notable shift from the previous focus, which applied only to passive breaches arising from asset-allocation deviations. The revision aims to protect investor… Continue reading SEBI asks MFs to rebalance their portfolio within 30 days in case of passive breaches