SEBI approved the proposal on graded exit load for liquid funds
Oct 17 2019
News Category: Regulatory Updates
No of Views: 450 Rate Now!

As per media reports, Securities and Exchange Board of India (SEBI) approved the proposal on graded exit load for liquid funds. The regulator communicated the same to the Association of Mutual Funds in India (AMFI) in a letter. As per the revised structure, one-day holding in liquid fund would attract an exit load of 0.007%, two-day would draw 0.0065% in exit load, followed by 0.006%, 0.005% and so on till the seventh day.

Related News
Title Report Date
Reports: Mutual fund investors will have to bear the burden of stam... 30/06/2020
AMFI has introduced a new set of norms for transmission of units in... 30/06/2020
SEBI has directed fund houses to invest 1% of the total funds raise... 15/06/2020
SEBI directs MF houses to list schemes in the process of winding up... 20/05/2020
SEBI directs mutual fund houses to increase exposure to G-Secs and ... 19/05/2020
SEBI has relaxed the KYC norms for mutual funds, PMS and AIF 28/04/2020
Reserve Bank of India has opened special liquidity window of Rs.50,... 27/04/2020
SEBI has directed AMFI to advise all mutual fund houses to introduc... 08/04/2020
SEBI has asked AMFI to give relaxation to mutual fund distributors ... 08/04/2020
SEBI extends the deadline for implementation of stewardship code to... 31/03/2020
SEBI relaxes compliance requirements for mutual funds and brokers i... 24/03/2020
SEBI has directed mutual fund houses to create adequate liquidity b... 28/02/2020
SEBI has asked stock exchanges to allow investors trade in mutual f... 27/02/2020
SEBI proposes segregation of advisory and mutual fund distribution ... 19/02/2020