Start learning 50% faster. Sign in now
· SEBI has come out with a new framework which will put a cap on investment made by actively managed mutual fund schemes in a single company's debt instrument. · At present, such caps are already in place for passive funds such as Exchange Traded Funds (ETFs) and index funds in a bid to effectively manage the risk associated with such investments. · Under this, a mutual fund scheme will not invest more than 10 per cent of its Net Asset Value (NAV) in debt instruments and money market securities rated AAA by a Credit Rating Agency (CRA). · The single issuer limit on such securities rated AA is set at 8 per cent, while the same is 6 per cent and below for A-rated securities. · The investment limits may be extended by up to 2 per cent of the NAV of the scheme with prior approval of the Board of Trustees and Board of Directors of the Asset Management Company (AMC), subject to compliance with the overall 12 per cent limit.
According to the Code on Industrial Relation 2020 the term “Wage” Includes?
I. Basic pay
II. ...
Which of the following is incorrect about Nobel Prize 2014?
India’s first pure green hydrogen plant commissioned at which place?
Consider the following in regards to SMILE: Support for Marginalised Individuals for Livelihood and Enterprise:
1.It is Centrally Sponsor scheme<...
In April 2023, which Tiger Reserve secured the top position in the Excellence category during the 5th Management Effectiveness Assessments?
A shopkeeper sold an article after giving a discount of 20% and made a profit of Rs. 55. Find the marked price of the article if cost price of the artic...
A firm reports the following balances in its trial balance:
<...
Which of the following events marked the beginning of trade union movement in India?
Who wrote The Theory of Moral Sentiments, a precursor to his later work The Wealth of Nations?
Who, among the following, is known as ‘Sakalottarapathnath’?