Sebi's PRIM route: Portfolio managers can invest ₹25 lakh-plus client money in mutual funds
· economictimes.indiatimes.com
The Securities and Exchange Board of India has launched the Portfolio Managers Route for Investing in Mutual Fund units (PRIM), enabling portfolio managers to handle clients' investments in direct mutual fund plans starting from a minimum amount of Rs.25 lakh. This initiative seeks to boost investor access and flexibility, offering a wider array of investment choices.
The PRIM route
IPOs and debt
Going global
Other measures
Portfolio managers will be able to invest clients’ money in direct plans of mutual funds, includi...