Sebi set to consider sweeping PMS rule changes at Sept. 24 board meeting
The Securities and Exchange Board of India plans to discuss a major overhaul of portfolio management service regulations at its board meeting on September 24.
At the upcoming board meeting on September 24, Sebi is expected to approve a revamp of the rules governing portfolio management services. The proposal includes introducing a mutual-fund-only PMS model with lower entry thresholds. Additional reforms aim to modernise the debt market and attract foreign investors to exchange-traded commodity derivatives. The changes could broaden access for accredited investors and reshape the Indian investment landscape.
Why it matters
The reforms could open up portfolio management services to more investors and boost India's financial market participation.
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