HDFC AMC settles case with SEBI
Dec 05 2018
News Category: AMC Specific Updates
According to media reports, HDFC AMC and HDFC Trustee Company settled its case with SEBI pertaining to an alleged violation of mutual fund code of conduct by paying Rs. 3.78 crore. The settlement was done following the market regulator’s probe on the AMC and the trustee company for infringing several provisions under the mutual fund regulations.