The Securities and Exchange Board of India (Sebi) board which is meeting here today is slated to clear the guidelines for collective investment schemes. (CIS). The issue has been Pending in past meetings and is on the top of the agenda this time.
The P K Kaul committee recommendations on role of trustees for mutual funds and the recently announced recommendations of the B G Deshmukh committee, which has sought to link investment limits of a mutual fund to its net asset value, are also slated to be taken up. (Our Markets Bureau) /TITLE>
