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Sebi lets mutual funds use intraday borrowing
The new rule will come into effect from September 1, 2026.The regulator said mutual funds can avail intraday borrowings to meet unit holder payouts, including redemptions, income distribution cum capital withdrawal (IDCW) and interest payments, make pay-ins for investments, meet mark-to-market obligations and foreign exchange settlements, and repay existing borrowings.Sebi said the quantum of borrowing will be linked to receivables expected during the day.




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