Friday, September 15, 2006

CAPITAL PROTECTION GUIDELINES BY SEBI

The Securities and Exchange Board of India (Sebi) has notified the guidelines for the Capital Protection Oriented Scheme (CPOS), which has been designed to protect the capital invested by the investors in the scheme through suitable orientation of its portfolio structure. Sebi said, “It should also be indicated that the orientation towards protection of the capital originates from the portfolio structure of the scheme not from any bank guarantee, insurance cover, etc.”

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