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Sebi tweaks trading norms for mutual funds on RFQ platform

Sebi on Wednesday tweaked the norms pertaining to minimum percentages of monthly trades to be carried out by mutual funds on the Request For Quote (RFQ) platform of stock exchanges. Under the revised norms, mutual funds will have to undertake at least 25 per cent of their total secondary market trades by value in corporate bonds and 10 per cent of their total secondary market

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