Sebi extends deadline for rules on direct ETF transactions through asset management companies
To enhance liquidity in units of Exchange Traded Funds (ETFs) on stock exchange platforms, Sebi decided that direct transactions with Asset Management Companies (AMCs) will be facilitated for investors only when the transaction amount is greater than Rs 25 crore.
This is the second time the Securities and Exchange Board of India (Sebi) has extended the deadline. Pic: Reuters