While the pace of mobilization of funds through equity-oriented mutual fund schemes in the first seven months of 2023 has been steady, redemption from equity-oriented schemes has increased in the April-July period.
In FY22, NSE had conducted more checks than BSE, but in FY23, the latter has overtaken with a huge margin. This comes hand-in-hand with BSE ramping up its derivatives segment
Of the total resources mobilized, equity and debt segments accounted for Rs 9.2 lakh crore of capital formation, SEBI said in its annual report for 2022-23, released on Monday.
After a long process of appeals and cross-appeals, the Supreme Court on August 31, 2012 upheld Sebi’s directions asking the two firms to refund the money collected from investors with 15 per cent interest.