Sebi plans broader use for intraday borrowing by MFs

The Securities and Exchange Board of India, Sebi, is proposing changes to how mutual funds use intraday borrowing. Currently limited to redemption payouts, Sebi wants to allow these borrowings as a cash management tool. This aims to improve fund management flexibility and returns by addressing timing mismatches in fund outflows and receivables.

Raccontata daeconomictimes.indiatimes.com