Hi,
I am new to MF world. I had a few questions for which I found it toguth to get answers in internet. Could please someone help me?
1. Are there any rules on the MF/fund manager about how he can do trading in the stock market? In other words can he do day trading? short selling etc?
2. Is there any rules that the fund manager has to keep the shares bought for the fund atleast 1 year or so? So that it becomes long term investing?
My basic doubt is that can a fund manager quit a particular stock if he notices that it is going down? Or should he stick to it becoz of some MF rules by sebi? If a mandatory long term investment is imposed by SEBI on the fund manager then our money will be in trouble during these testing times
Thanks in Advance