SEBI’s push for ‘true-to-label’ investing faces resistance from fund houses

SEBI’s latest proposal to cap overlap between thematic/sectoral schemes with other equity schemes to 50% has divided the industry. Some believe that the limit should be higher. SEBI also proposes allowing AMCs to launch additional schemes in existing categories if they meet certain conditions. This move promotes true-to-label investing and prevents unnecessary proliferation of similar […]