SEBI allows mutual funds to launch passively-managed ELSS schemes - Moneycontrol

SEBI sets investment limits for debt ETFs and index funds and norms for market makers.

Mutual fund investors will soon get one more option to make tax-saving investments. The Securities and Exchange Board of India (SEBI) on May 23 allowed mutual funds to launch equity-linked savings sc… [+5484 chars]

full article...