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IFSCA Proposes Model Portfolios in GIFT City by Research Entities
Sentiment: NeutralMedium Priority
What Happened?
The IFSCA has proposed allowing research entities in GIFT City to offer model portfolios, aiming to enhance research product offerings for investors. The proposal includes specific operational and disclosure requirements.
Key points
- IFSCA's proposal allows research entities to offer model portfolios under the CMI Regulations, 2025.
- Model portfolios must disclose risks and follow a set rebalancing schedule.
- Entities must register as research entities to provide model portfolios.
- Performance claims must be benchmarked against relevant indices.
- The proposal follows industry requests for model portfolios in GIFT-IFSC.
- Stakeholders have until November 30 to provide feedback on the proposal.
Key insights
- The introduction of model portfolios may attract more investors to GIFT City.
- Enhanced research offerings could improve the overall investment landscape in India.
- The requirement for compliance audits may ensure better transparency in investment products.
Why it matters
This proposal could expand investment options for investors in GIFT City.
Entities
IFSCA· OrganizationGIFT City· Location
Source
Business Standard
