SEBI proposes net settlement of mutual fund cash trade funds
SEBI has proposed allowing mutual fund schemes to net-settle funds for cash-market trades, while keeping securities settlement gross. The change aims to ease temporary liquidity requirements and improve settlement efficiency.
Markets regulator SEBI has proposed allowing mutual fund schemes to net-settle funds for cash-market transactions, while continuing to settle securities on a gross basis.
The move is aimed at easing temporary liquidity requirements and improving settlement efficiency.“The proposal is intended to fa…