Investors use InvITs to exit mutual funds without cost, Hudco grey market premium at 30%
May 8th, 2017 | By ThenewsmanofIndia.comTHE NEWSMAN OF INDIA.COM (08.05.2017) Several mutual fund (MF) houses had to obtain a one-time shareholder consent to invest in Infrastructure Investment Trusts (InvITs). The approval had to be taken at the scheme level. According to the Securities Exchange Board of India’s (Sebi’s) guidelines, fund houses had to waive off exit load on unit holders
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