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Sebi mulls 5-fold rise in ticket size for portfolio services

Posted on: August 27th 2009 in Press Releases.

Plans to raise networth requirement for floating portfolio services.The Securities and Exchange Board of India (Sebi) is planning a five-fold increase in the ticket size for investing in portfolio management service (PMS) schemes — from Rs 5 lakh to 25 lakh. After making it mandatory t…

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