INSUBCONTINENT EXCLUSIVE:
Sebi has asked mutual funds to classify all debt schemes in terms of potential risk class matrixMarkets regulator Securities and Exchange
Board of India (Sebi) has directed mutual funds to classify all debt-related schemes on their platform as potential risk class matrix, on
consisting of parameters based on maximum interest rate risk (measured by Macaulay Duration (MD) of the scheme) and maximum credit risk
Fund Advisory Committee (MFAC) and deliberations with the mutual fund industry.Sebi also directed that asset management companies will have
freedom to insert single or multiple schemes in any cell of the Potential Risk Class matrix.
