The Sebi board may also clear norms for easier listing of start-ups at the 13 December meeting. : Mumbai: The board of capital markets regulator Securities and Exchange Board of India (Sebi) will discuss on 13 December whether mutual funds (MFs) should be allowed so-called ‘side-pocketing’ where liquid schemes separate their risky securities from the rest, two people aware of the matter said. The board may also clear norms for easier listing of start-ups at the same meeting, the people mentioned above said on condition of anonymity. Side pockets separate stressed or risky assets from other investments and cash holdings.