Sebi mulls sharp cut in minimum investment for social impact funds to widen retail participation
Sebi mulls sharp cut in investment-for-social-impact-funds-to-widen-retail-participation'>minimum investment for social impact funds to widen retail participation is drawing significant interest across the industry.
Sebi on Monday proposed a sharp reduction in the minimum investment required from individual investors in social impact funds to Rs 1,000 from the existing Rs 2 lakh, in a move aimed at widening retail participation and easing fundraising for not-for-profit organisations (NPOs) on the Social Stock Exchange (SSE).
Experts suggest this could influence future trends and innovation in the sector.
More updates are expected as the story develops.
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