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Collective Investment Vehicle News
The art fund racket SEBI has asked art funds to obtain its nod before floating new schemes The Securities and Exchange Board of India (SEBI) has handed out a note of caution to various art funds saying that the launching or floating of art funds or schemes without obtaining registration from SEBI would amount to violation of SEBI Act and Regulations. According to SEBI, an art fund is a ‘Collective Investment |
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