 "sebi market")
The Securities and Exchange Board of India (Sebi) has proposed introduction of a new investment vehicle catering to investors willing to take risker bets on the market but for whom portfolio management services (PMS) schemes or alternative investment funds (AIFs) could be out of reach.
The regulator has mooted a minimum ticket size of Rs 10 lakh for this yet-to-be-named product category — much below the threshold of Rs 50 lakh for PMS and Rs 1 crore for AIFs. Meanwhile, the minimum investment size for mutual funds (MFs) can be as low as Rs 100.
“The proposed
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