PPFAS Mutual Fund among 15 AMCs to offer voluntary lock-in for folios. Here is how Sebi’s rule works
With Sebi allowing mutual fund investors to temporarily block any withdrawals or debits from their mutual fund folios, PPFAS Mutual Fund along with 15 AMCs have rolled out a voluntary lock-in facility, offering an added layer of safety and control to investors with effect from April 30. The new framework introduced by the Securities and…