UTI Asset Management Company under lens for investment norm violation

Sebi is investigating whether some investments of UTI’s India Debt Opportunities Fund— registered as a foreign portfolio investor— were in contravention with overseas fund rules. The regulator has sent a showcause notice on the matter to UTI to which the fund house has responded, said a person with the direct knowledge of the development.

from Markets-Economic Times https://ift.tt/34OyZ8a