Circular on Minimum percentage of trades carried out by mutual funds through RFQ platform
RELEVANT EXTRACT 1.SEBI, vide circular SEBI/HO/IMD/DF3/CIR/P/2020/130 dated July 22, 2020, has mandated mutual funds to undertake at least 10% of their total secondary market trades in Corporate Bonds through RFQ platform of stock exchanges. 2.Based on the recommendations of Mutual Fund Advisory Committee (MFAC), in