Sebi fines PGIM AMC, its CEO, fund managers for inter-scheme transfers during credit crisis - Moneycontrol

The cases pertain to an inspection carried out on inter-scheme transfer for the period August 2018 to February 2019. Sebi fined the AMC Rs 25 lakh, CEO Ajit Menon Rs 5 lakh, and three fund managers for Rs 2 lakh each

The national markets watchdog Securities and Exchange Board of India (Sebi) has found PGIM Asset Management Co Ltd, ranked 23rd among Indian fund houses with assets of nearly Rs 17,000 crore, guilty … [+5566 chars]

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