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Sebi s notice reportedly served a couple of months ago, alleges a lack of segregation between the mutual fund and portfolio management service activities, questionable inter-scheme transfer of securities compromising investor interests, and the transfer of certain securities to offshore funds ahead of potential downgrades, two sources aware of the development said.

Abhishek bandiwdekarExchange board of india sebiExchange boardInvesco asset management indiaAlleged violationMutual fund rulesInvestor moneyPortfolio management serviceSujoy das