Followers

Thursday, September 19, 2024

Sebi modifies framework for valuation of AIFs' investment portfolio

Sebi has modified the valuation framework for Alternative Investment Funds (AIFs), aligning it with mutual fund rules for certain securities. This update follows industry feedback and takes effect immediately. Independent valuers must now belong to registered entities like ICAI, ICSI, or CFA charter. Changes in valuation methods must be disclosed to investors but are not considered material changes.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/ta9Z1Hy

No comments:

Post a Comment

Dow soars over 1,300 pts, Sensex 900 pts

Indian markets surged on Tuesday, with the Sensex closing above 80,000 points, fueled by a global rally following Donald Trump's victory...