“The units of Mutual Fund schemes can be listed in the recognised stock exchange. Accordingly, the units of Mutual Fund schemes which are in the process of winding up in terms of Regulation 39(2)(a) of MF Regulations, shall be listed on recognised stock exchange, subject to compliance with listing formalities as stipulated by the stock exchange,” it said. However, the Securities and Exchange Board of India (SEBI) said that pursuant to listing, trading on stock exchange mechanism will not be mandatory for investors, … Continue reading SEBI allowed the listing of mutual fund schemes