SEBI prescribes threshold for facilitating direct transaction with Asset Management Companies for investors of Exchange Traded Fund

The Securities and Exchange Board of India vide circular dated July 28, 2022 has clarified that in respect of units of Exchange Traded Funds, direct transaction with Asset Management Companies shall be facilitated for investors only for transactions above a specified threshold of INR 25 Crores.

It has been decided that the applicability of the threshold shall be with effect from November 01, 2022.

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