Asset Management Companies
- On 5thAugust, 2024, theSecurities and Exchange Board of India (‘SEBI’) issued a circular to all asset management companies (‘AMCs’) and mutual funds (MFs), calling upon them to establish institutional mechanisms to curb front running and fraudulent securities transactions.
- AMCs are entities that manage investments on behalf of investors and aim to deliver returns.
- These companies offer various investment products, including Mutual Fund schemes.
- The products and services offered by AMCs are regulated by the Securities and Exchange Board of India (SEBI), the capital markets regulator in ....
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