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Will Investors Benefit If Sebi Allows Mfs To Side-pocket Toxic Assets?

by livemint.com posted 1month ago 28 views
Sebi is considering a proposal to allow side pockets. But does it work for investors? : A side pocket allows fund managers to remove a toxic bond from the rest of the ‘good’ assets of a mutual fund. Side pockets are mainly used by hedge funds but recently have been used by at least two fund houses in India. Sebi is considering a proposal to allow side pockets. But does it work for investors?

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