17 January, 2020
3 Min Read
Syllabus subtopic: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth.
Prelims and Mains focus: about DLSS and its advantages; AMFI; SEBI
News: The Mutual funds sector has asked the government to allow ‘Debt Linked Savings Scheme’ (DLSS) on the lines of Equity Linked Savings Scheme (ELSS) in order to channelize long-term savings of retail investors and deepen the corporate bond market.
Advantages of DLSS proposed by AMFI
Conditions on DLSS
About Association of Mutual Funds in India (AMFI)
Asset Management Company (AMC): An asset management company (AMC) is a firm that invests pooled funds from clients, putting the capital to work through different investments including stocks, bonds, real estate, master limited partnerships, and more. Those that offer public mutual funds or exchange-traded funds (ETFs) are also known as investment companies or mutual fund companies.
Note: to read about the difference between the bond market and the equity market click on the link below.
Source: Indian Express
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