Sebi clears PRIM route for PMS players to invest in mutual funds, SIFs; Rs 25 lakh minimum ticket

According to a report by Economic Times… Sebi’s board approved PRIM, allowing portfolio managers to invest client money in direct mutual fund plans, ETFs, index funds and SIFs. The new route carries a Rs 25 lakh minimum ticket size and expands PMS portfolio construction options beyond direct equities. complete report is on link below. Source: https://economictimes.indiatimes.com/markets/aif-pms/sebi-clears-prim-route-for-pms-players-to-invest-in-mutual-funds-sifs-rs-25-lakh-minimum-ticket/articleshow/134466306.cms