New Sebi norms will help debt mutual fund investors
"Many schemes have lower grade or quality securities between second or third day of the month till 28-30th day and always have a cleaner portfolio during month beginning and end. For slightly higher return, clients are taking risk without being aware of quality of the portfolio because at the time of disclosure, the portfolios are clean. This new rule will make things tight and transparent," says Santosh Joseph, CEO & Founder, Germinate Wealth Solutions, a wealth management firm based in Bengaluru.