BusinessSEBI Approves New PMS Rules Allowing IPOs, Foreign Securities, MF Investments
SEBI has approved new Portfolio Management Services (PMS) regulations that ease settlement norms and expand investment options. The reforms open the door for PMS to invest in IPOs, foreign securities, and mutual funds, enhancing market efficiency and broadening access for foreign portfolio investors. Digital KYC for NRIs is also part of the updated framework.
Moneycontrol.com·11h ago



