Sebi cuts broker fees by 25%, MFs can invest in REITs, InvITs

The Securities and Exchange Board of India (SEBI) in its meeting on Saturday took steps to popularise new investment vehicles like REITs and InvITs.
  • Language
  • App
  • Subscriptions
  • Specials
  • Sign-In
  • Register
GeStepAhead GrowMyMoney IThe Winning Leap Tech Control

Budget 2017

Presented By:

DAYS hours minutes

Co-Presenting Sponsor :

Associate Sponsors :

Co-Presenting Sponsor :

Associate Sponsors :

Home » News » Markets » Market news

Jan 16, 2017, 02.55 PM | Source: CNBC-TV18

Sebi cuts broker fees by 25%, MFs can invest in REITs, InvITs

The Securities and Exchange Board of India (SEBI) in its meeting on Saturday took steps to popularise new investment vehicles like REITs and InvITs.

Like this story, share it with millions of investors on M3

Sebi cuts broker fees by 25%, MFs can invest in REITs, InvITs

The Securities and Exchange Board of India (SEBI) in its meeting on Saturday took steps to popularise new investment vehicles like REITs and InvITs.

Post Your Comments

Share Cancel

The Securities and Exchange Board of India (SEBI) in its meeting on Saturday took steps to popularise new investment vehicles like REITs and InvITs, issued new advertising code for mutual funds and also reduced broker fees. Here are the 7 key takeaways from the SEBI meeting today. 

- It has allowed mutual funds (MFs) to invest up to 10 percent of Net Asset Value ( NAV ) in Real Estate Investment Trust (REITs) and Infrastructure Investment Trust (InvITs) using multiple schemes and 5 percent using single scheme, said sources to CNBC-TV18.

- The market regulator has categorised REITs and InvITs as alternative securities. 

- Sebi also issued new advertising code for mutual funds, allows celebrity endorrsements for MFs at industry level with prior approval. 

- It has approved reduction of broker fees by 25 percent from Rs 20 crore turnover to Rs 15 crore turnover. 

- Now, unlisted companies can merge with listed companies if it is listed on exchange and if it has nationwide trading terminals, as per SEBI. 

- Market participants can pay through digital mode like RTGS, NEFT.

- Excessive delay in settlement of payment dues may attract interest.
Buy, Hold, Sell ? Hear it first on M3
Sebi cuts broker fees by 25%, MFs can invest in REITs, InvITs

See all

Get started using your favorite social network

or

Login using moneycontrol ID

Username
Password

Need help logging in? Reset password.

Don´t have an account? Sign Up

Get started using your favorite social network

or

Simply sign up using this short form

* mandatory

UserName*

Username should be atleast 4 character

Password*

Password should be 8 or more characters,
atleast 1 number, 1 symbol & 1 upper case letter

Alert

Your Password should contain
  • 8 or more characters
  • At least 1 number
  • At least 1 symbol
  • At least 1 upper case letter
Confirm Password*
Email
Already have an account? Login