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SEBI modifies portfolio segregation norms amid COVID-19 pandemic

September 3, 2020
The SEBI has modified norms pertaining to segregation of portfolio in mutual funds by asset management companies amid the coronavirus pandemic. Generally, segregation is done to separate distressed assets from other more liquid assets in a portfolio. In the wake of the pandemic, the SEBI triggered date for segregation of portfolio and the date on which proposal for debt restructuring was received by the asset management company (AMC).
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