- The purchasing and selling of mutual fund units is now covered by the Securities and Exchange Board of India’s (SEBI) restrictions on insider trading.
- When in knowledge of unpublished price-sensitive information, “no insider shall trade in the units of a scheme of a mutual fund,” SEBI ruled.
- The information might have an effect on NAV or unit holders’ interests in the scheme.
Buying and selling mutual funds is covered under SEBI’s insider trading regulations.
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