{"id":80132,"date":"2026-07-25T14:58:08","date_gmt":"2026-07-25T09:28:08","guid":{"rendered":"https:\/\/www.nextias.com\/ca\/?p=80132"},"modified":"2026-07-27T14:59:27","modified_gmt":"2026-07-27T09:29:27","slug":"sebi-pms-reforms-hindi","status":"publish","type":"post","link":"https:\/\/www.nextias.com\/ca\/current-affairs-hindi\/25-07-2026\/sebi-pms-reforms-hindi","title":{"rendered":"\u0938\u0947\u092c\u0940 (SEBI) \u0926\u094d\u0935\u093e\u0930\u093e \u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (PMS) \u0915\u0947 \u0928\u093f\u092f\u093e\u092e\u0915 \u0922\u093e\u0901\u091a\u0947 \u092e\u0947\u0902 \u0935\u094d\u092f\u093e\u092a\u0915 \u0938\u0941\u0927\u093e\u0930\u094b\u0902 \u0915\u093e \u092a\u094d\u0930\u0938\u094d\u0924\u093e\u0935"},"content":{"rendered":"\n<p><strong>\u092a\u093e\u0920\u094d\u092f\u0915\u094d\u0930\u092e<\/strong><strong>: GS3\/ \u0905\u0930\u094d\u0925\u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093e<\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u0938\u0902\u0926\u0930\u094d\u092d&nbsp;<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u092d\u093e\u0930\u0924\u0940\u092f \u092a\u094d\u0930\u0924\u093f\u092d\u0942\u0924\u093f \u090f\u0935\u0902 \u0935\u093f\u0928\u093f\u092e\u092f \u092c\u094b\u0930\u094d\u0921 (SEBI)<\/strong> \u0928\u0947 <strong>\u0938\u0947\u092c\u0940 (\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0915) \u0935\u093f\u0928\u093f\u092f\u092e, 2020<\/strong> \u0915\u0940 \u0935\u094d\u092f\u093e\u092a\u0915 \u0938\u092e\u0940\u0915\u094d\u0937\u093e \u0915\u093e \u092a\u094d\u0930\u0938\u094d\u0924\u093e\u0935 \u0915\u093f\u092f\u093e \u0939\u0948, \u091c\u093f\u0938\u0915\u093e \u0909\u0926\u094d\u0926\u0947\u0936\u094d\u092f <strong>\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (PMS)<\/strong> \u0915\u0947 \u0928\u093f\u092f\u093e\u092e\u0915 \u0922\u093e\u0901\u091a\u0947 \u0915\u093e \u0906\u0927\u0941\u0928\u093f\u0915\u0940\u0915\u0930\u0923 \u0915\u0930\u0928\u093e \u0939\u0948\u0964<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (PMS) \u0915\u094d\u092f\u093e \u0939\u0948?<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (PMS)<\/strong> \u0915\u093e \u092a\u0902\u091c\u0940\u0915\u0930\u0923 <strong>\u0938\u0947\u092c\u0940 (\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0915) \u0935\u093f\u0928\u093f\u092f\u092e, 2020<\/strong> \u0915\u0947 \u0905\u0902\u0924\u0930\u094d\u0917\u0924 \u0915\u093f\u092f\u093e \u091c\u093e\u0924\u093e \u0939\u0948\u0964<\/li>\n\n\n\n<li>\u092f\u0939 \u090f\u0915 <strong>\u0935\u094d\u092f\u093e\u0935\u0938\u093e\u092f\u093f\u0915 \u0928\u093f\u0935\u0947\u0936 \u0938\u0947\u0935\u093e<\/strong> \u0939\u0948, \u091c\u093f\u0938\u092e\u0947\u0902 \u090f\u0915 \u092f\u094b\u0917\u094d\u092f <strong>\u0928\u093f\u0927\u093f \u092a\u094d\u0930\u092c\u0902\u0927\u0915<\/strong> \u0909\u091a\u094d\u091a \u0928\u093f\u0935\u0932 \u092e\u0942\u0932\u094d\u092f \u0935\u093e\u0932\u0947 \u0935\u094d\u092f\u0915\u094d\u0924\u093f (HNI) \u0915\u0947 <strong>\u0907\u0915\u094d\u0935\u093f\u091f\u0940, \u090b\u0923-\u092a\u0924\u094d\u0930\u094b\u0902 \u0924\u0925\u093e \u0905\u0928\u094d\u092f \u092a\u094d\u0930\u0924\u093f\u092d\u0942\u0924\u093f\u092f\u094b\u0902<\/strong> \u0915\u0947 \u0928\u093f\u0935\u0947\u0936 \u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u0915\u093e \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0915\u0930\u0924\u093e \u0939\u0948\u0964<\/li>\n\n\n\n<li>\u092d\u093e\u0930\u0924 \u092e\u0947\u0902 \u0915\u0947\u0935\u0932 <strong>\u0915\u0949\u0930\u094d\u092a\u094b\u0930\u0947\u091f \u0928\u093f\u0915\u093e\u092f, \u0915\u0902\u092a\u0928\u093f\u092f\u093e\u0901 \u0905\u0925\u0935\u093e \u0938\u0940\u092e\u093f\u0924 \u0926\u093e\u092f\u093f\u0924\u094d\u0935 \u092d\u093e\u0917\u0940\u0926\u093e\u0930\u0940 (LLP)<\/strong>, \u091c\u093f\u0928\u094d\u0939\u0947\u0902 \u0938\u0947\u092c\u0940 (SEBI) \u0938\u0947 \u092a\u0902\u091c\u0940\u0915\u0930\u0923 \u092a\u094d\u0930\u093e\u092a\u094d\u0924 \u0939\u094b, \u0939\u0940 \u092f\u0939 \u0938\u0947\u0935\u093e \u092a\u094d\u0930\u0926\u093e\u0928 \u0915\u0930 \u0938\u0915\u0924\u0947 \u0939\u0948\u0902\u0964<\/li>\n\n\n\n<li>\u0938\u0947\u092c\u0940 (SEBI) \u0915\u0947 \u0905\u0928\u0941\u0938\u093e\u0930 \u0915\u094b\u0908 \u092d\u0940 <strong>\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e \u092a\u094d\u0930\u0926\u093e\u0924\u093e<\/strong> \u0915\u093f\u0938\u0940 \u0917\u094d\u0930\u093e\u0939\u0915 \u0938\u0947 <strong>50 \u0932\u093e\u0916 \u0930\u0941\u092a\u092f\u0947 \u0938\u0947 \u0915\u092e<\/strong> \u0915\u093e \u0928\u093f\u0935\u0947\u0936 \u0938\u094d\u0935\u0940\u0915\u093e\u0930 \u0928\u0939\u0940\u0902 \u0915\u0930 \u0938\u0915\u0924\u093e\u0964<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u092a\u094d\u0930\u0938\u094d\u0924\u093e\u0935\u093f\u0924 \u0922\u093e\u0901\u091a\u0947 \u0915\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u092f\u0939 \u092a\u094d\u0930\u0938\u094d\u0924\u093e\u0935 <strong>\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (PMS) \u0909\u0926\u094d\u092f\u094b\u0917 \u0915\u0947 \u0924\u0940\u0935\u094d\u0930 \u0935\u093f\u0938\u094d\u0924\u093e\u0930<\/strong> \u0924\u0925\u093e \u0928\u093f\u0935\u0947\u0936\u0915\u094b\u0902 \u0915\u0940 \u092c\u0926\u0932\u0924\u0940 \u092a\u094d\u0930\u093e\u0925\u092e\u093f\u0915\u0924\u093e\u0913\u0902 \u0915\u0940 \u092a\u0943\u0937\u094d\u0920\u092d\u0942\u092e\u093f \u092e\u0947\u0902 \u0932\u093e\u092f\u093e \u0917\u092f\u093e \u0939\u0948\u0964<\/li>\n\n\n\n<li>\u0938\u0947\u092c\u0940 (SEBI) \u0915\u0947 \u0905\u0928\u0941\u0938\u093e\u0930 \u0935\u093f\u0917\u0924 <strong>\u091b\u0939 \u0935\u0930\u094d\u0937\u094b\u0902<\/strong> \u092e\u0947\u0902 \u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0915\u094b\u0902 \u0926\u094d\u0935\u093e\u0930\u093e \u092a\u094d\u0930\u092c\u0902\u0927\u093f\u0924 \u092a\u0930\u093f\u0938\u0902\u092a\u0924\u094d\u0924\u093f\u092f\u094b\u0902 \u092e\u0947\u0902 <strong>\u0926\u094b\u0917\u0941\u0928\u0947 \u0938\u0947 \u0905\u0927\u093f\u0915<\/strong> \u0915\u0940 \u0935\u0943\u0926\u094d\u0927\u093f \u0939\u0941\u0908 \u0939\u0948, \u091c\u093f\u0938\u0938\u0947 \u0928\u090f \u0928\u093f\u092f\u093e\u092e\u0915 \u0922\u093e\u0901\u091a\u0947 \u0915\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e \u0909\u0924\u094d\u092a\u0928\u094d\u0928 \u0939\u0941\u0908 \u0939\u0948\u0964<\/li>\n\n\n\n<li><strong>\u092e\u0908, 2026<\/strong> \u0924\u0915 <strong>\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (PMS)<\/strong> \u0909\u0926\u094d\u092f\u094b\u0917 \u0915\u0940 <strong>\u092a\u094d\u0930\u092c\u0902\u0927\u0928\u093e\u0927\u0940\u0928 \u092a\u0930\u093f\u0938\u0902\u092a\u0924\u094d\u0924\u093f\u092f\u093e\u0901 (AUM)<\/strong> \u0935\u0930\u094d\u0937 <strong>2019<\/strong> \u0915\u0947 <strong>18.07 \u0932\u093e\u0916 \u0915\u0930\u094b\u0921\u093c \u0930\u0941\u092a\u092f\u0947<\/strong> \u0938\u0947 \u092c\u0922\u093c\u0915\u0930 <strong>42.61 \u0932\u093e\u0916 \u0915\u0930\u094b\u0921\u093c \u0930\u0941\u092a\u092f\u0947<\/strong> \u0939\u094b \u0917\u0908\u0902\u0964<\/li>\n\n\n\n<li><strong>\u092e\u0908, 2026<\/strong> \u0924\u0915 \u0917\u094d\u0930\u093e\u0939\u0915\u094b\u0902 \u0915\u0940 \u0915\u0941\u0932 \u0938\u0902\u0916\u094d\u092f\u093e <strong>1.50 \u0932\u093e\u0916<\/strong> \u0938\u0947 \u092c\u0922\u093c\u0915\u0930 <strong>2.19 \u0932\u093e\u0916<\/strong> \u0939\u094b \u0917\u0908\u0964<\/li>\n\n\n\n<li><strong>\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0915\u094b\u0902<\/strong> \u0915\u0940 \u0938\u0902\u0916\u094d\u092f\u093e \u092d\u0940 \u0935\u0930\u094d\u0937 <strong>2020<\/strong> \u0915\u0947 <strong>226<\/strong> \u0938\u0947 \u092c\u0922\u093c\u0915\u0930 <strong>\u092e\u0908, 2026<\/strong> \u0924\u0915 <strong>515<\/strong> \u0939\u094b \u0917\u0908\u0964<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u0938\u0947\u092c\u0940 (SEBI) \u0915\u0947 \u092a\u094d\u0930\u092e\u0941\u0916 \u092a\u094d\u0930\u0938\u094d\u0924\u093e\u0935<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u092a\u0943\u0925\u0915 \u092a\u0902\u091c\u0940\u0915\u0930\u0923 \u0915\u0940 \u0935\u094d\u092f\u0935\u0938\u094d\u0925\u093e: <\/strong><strong>\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (PMS)<\/strong> \u092a\u094d\u0930\u0926\u093e\u0924\u093e\u0913\u0902 \u0915\u094b <strong>\u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0906\u0927\u093e\u0930\u093f\u0924 \u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (MF-PMS)<\/strong> \u0915\u0947 \u0930\u0942\u092a \u092e\u0947\u0902 \u092a\u0943\u0925\u0915 \u092a\u0902\u091c\u0940\u0915\u0930\u0923 \u092a\u094d\u0930\u093e\u092a\u094d\u0924 \u0915\u0930\u0928\u093e \u0939\u094b\u0917\u093e\u0964<\/li>\n\n\n\n<li><strong>\u0928\u094d\u092f\u0942\u0928\u0924\u092e \u0928\u093f\u0935\u0947\u0936 \u0938\u0940\u092e\u093e \u092e\u0947\u0902 \u0915\u092e\u0940: <\/strong>\u0928\u094d\u092f\u0942\u0928\u0924\u092e \u0928\u093f\u0935\u0947\u0936 \u0930\u093e\u0936\u093f \u0915\u094b <strong>50 \u0932\u093e\u0916 \u0930\u0941\u092a\u092f\u0947<\/strong> \u0938\u0947 \u0918\u091f\u093e\u0915\u0930 <strong>25 \u0932\u093e\u0916 \u0930\u0941\u092a\u092f\u0947<\/strong> \u0915\u0930\u0928\u0947 \u0915\u093e \u092a\u094d\u0930\u0938\u094d\u0924\u093e\u0935 \u0939\u0948\u0964\n<ul class=\"wp-block-list\">\n<li>\u0907\u0938\u0938\u0947 \u0905\u0927\u093f\u0915 \u0938\u0902\u0916\u094d\u092f\u093e \u092e\u0947\u0902 <strong>\u0938\u092e\u0943\u0926\u094d\u0927 \u0928\u093f\u0935\u0947\u0936\u0915\u094b\u0902<\/strong> \u0915\u094b \u0907\u0938 \u0938\u0947\u0935\u093e \u0915\u093e \u0932\u093e\u092d \u092e\u093f\u0932 \u0938\u0915\u0947\u0917\u093e\u0964<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\u0928\u093f\u0935\u0932 \u0938\u0902\u092a\u0924\u094d\u0924\u093f \u090f\u0935\u0902 \u092f\u094b\u0917\u094d\u092f\u0924\u093e \u0938\u0902\u092c\u0902\u0927\u0940 \u092e\u093e\u0928\u0926\u0902\u0921\u094b\u0902 \u092e\u0947\u0902 \u0938\u0930\u0932\u0940\u0915\u0930\u0923: <\/strong><strong>\u092a\u093e\u0930\u0902\u092a\u0930\u093f\u0915 \u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (PMS)<\/strong> \u0915\u0947 \u0932\u093f\u090f \u0928\u093f\u0930\u094d\u0927\u093e\u0930\u093f\u0924 <strong>5 \u0915\u0930\u094b\u0921\u093c \u0930\u0941\u092a\u092f\u0947<\/strong> \u0915\u0940 \u0924\u0941\u0932\u0928\u093e \u092e\u0947\u0902 <strong>\u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0906\u0927\u093e\u0930\u093f\u0924 \u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (MF-PMS)<\/strong> \u0939\u0947\u0924\u0941 <strong>2 \u0915\u0930\u094b\u0921\u093c \u0930\u0941\u092a\u092f\u0947<\/strong> \u0915\u0940 \u0928\u094d\u092f\u0942\u0928\u0924\u092e \u0928\u093f\u0935\u0932 \u0938\u0902\u092a\u0924\u094d\u0924\u093f \u0915\u093e \u092a\u094d\u0930\u0938\u094d\u0924\u093e\u0935 \u0915\u093f\u092f\u093e \u0917\u092f\u093e \u0939\u0948\u0964\n<ul class=\"wp-block-list\">\n<li>\u0938\u093e\u0925 \u0939\u0940, <strong>\u092a\u094d\u0930\u0927\u093e\u0928 \u0905\u0927\u093f\u0915\u093e\u0930\u093f\u092f\u094b\u0902<\/strong> \u0915\u0947 \u0932\u093f\u090f \u092f\u094b\u0917\u094d\u092f\u0924\u093e \u0938\u0902\u092c\u0902\u0927\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e\u0913\u0902 \u0915\u094b \u0938\u0930\u0932 \u092c\u0928\u093e\u0928\u0947 \u0924\u0925\u093e <strong>\u0935\u094d\u092f\u0935\u0939\u093e\u0930 \u0915\u0915\u094d\u0937<\/strong> \u090f\u0935\u0902 \u0915\u0930\u094d\u092e\u091a\u093e\u0930\u093f\u092f\u094b\u0902 \u0938\u0947 \u0938\u0902\u092c\u0902\u0927\u093f\u0924 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e\u0913\u0902 \u0915\u094b \u0935\u0948\u0915\u0932\u094d\u092a\u093f\u0915 \u092c\u0928\u093e\u0928\u0947 \u0915\u093e \u092a\u094d\u0930\u0938\u094d\u0924\u093e\u0935 \u0939\u0948\u0964<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0936\u0941\u0932\u094d\u0915 \u0915\u093e \u0928\u093f\u0930\u094d\u0927\u093e\u0930\u0923: <\/strong>\u0938\u0947\u092c\u0940 (SEBI) \u0928\u0947 <strong>\u092a\u094d\u0930\u092c\u0902\u0927\u0928\u093e\u0927\u0940\u0928 \u092a\u0930\u093f\u0938\u0902\u092a\u0924\u094d\u0924\u093f\u092f\u094b\u0902 (AUM)<\/strong> \u0915\u0947 <strong>2.5 \u092a\u094d\u0930\u0924\u093f\u0936\u0924<\/strong> \u0924\u0915 \u0939\u0940 <strong>\u0928\u093f\u0936\u094d\u091a\u093f\u0924 \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0936\u0941\u0932\u094d\u0915<\/strong> \u0928\u093f\u0930\u094d\u0927\u093e\u0930\u093f\u0924 \u0915\u0930\u0928\u0947 \u0915\u093e \u092a\u094d\u0930\u0938\u094d\u0924\u093e\u0935 \u0915\u093f\u092f\u093e \u0939\u0948\u0964\n<ul class=\"wp-block-list\">\n<li>\u0907\u0938\u0915\u0947 \u0905\u0924\u093f\u0930\u093f\u0915\u094d\u0924, \u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0915 <strong>\u0928\u093f\u0937\u094d\u092a\u093e\u0926\u0928-\u0906\u0927\u093e\u0930\u093f\u0924 \u0936\u0941\u0932\u094d\u0915<\/strong> \u0905\u0925\u0935\u093e <strong>\u0928\u093f\u0936\u094d\u091a\u093f\u0924 \u090f\u0935\u0902 \u0928\u093f\u0937\u094d\u092a\u093e\u0926\u0928-\u0906\u0927\u093e\u0930\u093f\u0924 \u0936\u0941\u0932\u094d\u0915 \u0915\u0947 \u092e\u093f\u0936\u094d\u0930\u093f\u0924 \u092e\u0949\u0921\u0932<\/strong> \u0915\u094b \u0915\u0947\u0935\u0932 \u0917\u094d\u0930\u093e\u0939\u0915 \u0915\u0940 \u0938\u094d\u092a\u0937\u094d\u091f \u0938\u0939\u092e\u0924\u093f \u0938\u0947 \u0939\u0940 \u0932\u093e\u0917\u0942 \u0915\u0930 \u0938\u0915\u0947\u0902\u0917\u0947\u0964<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\u0939\u093f\u0924\u094b\u0902 \u0915\u0947 \u091f\u0915\u0930\u093e\u0935 \u0915\u0940 \u0930\u094b\u0915\u0925\u093e\u092e: <\/strong>\u092f\u0926\u093f \u0915\u094b\u0908 \u0938\u0902\u0938\u094d\u0925\u093e <strong>\u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0935\u093f\u0924\u0930\u0915<\/strong> \u0924\u0925\u093e <strong>\u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0906\u0927\u093e\u0930\u093f\u0924 \u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (MF-PMS)<\/strong> \u092a\u094d\u0930\u0926\u093e\u0924\u093e \u0926\u094b\u0928\u094b\u0902 \u0939\u0948, \u0924\u094b \u0909\u0938\u0947 \u0926\u094b\u0928\u094b\u0902 \u0935\u094d\u092f\u0935\u0938\u093e\u092f\u094b\u0902 \u0915\u0947 \u092c\u0940\u091a <strong>\u0938\u094d\u0935\u0924\u0902\u0924\u094d\u0930 \u090f\u0935\u0902 \u092a\u0943\u0925\u0915 \u0915\u093e\u0930\u094d\u092f\u092a\u094d\u0930\u0923\u093e\u0932\u0940<\/strong> \u092c\u0928\u093e\u090f \u0930\u0916\u0928\u0940 \u0939\u094b\u0917\u0940\u0964\n<ul class=\"wp-block-list\">\n<li>\u090f\u0915 \u0939\u0940 \u0917\u094d\u0930\u093e\u0939\u0915 \u0915\u094b \u0909\u0938\u0940 \u0938\u0902\u0938\u094d\u0925\u093e \u0926\u094d\u0935\u093e\u0930\u093e <strong>\u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0935\u093f\u0924\u0930\u0923 \u0938\u0947\u0935\u093e<\/strong> \u0924\u0925\u093e <strong>\u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0906\u0927\u093e\u0930\u093f\u0924 \u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (MF-PMS)<\/strong> \u0926\u094b\u0928\u094b\u0902 \u0938\u0947\u0935\u093e\u090f\u0901 \u092a\u094d\u0930\u0926\u093e\u0928 \u0928\u0939\u0940\u0902 \u0915\u0940 \u091c\u093e \u0938\u0915\u0947\u0902\u0917\u0940\u0964<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>\u00a0\u0928\u093f\u0935\u0947\u0936 \u0915\u093e \u0926\u093e\u092f\u0930\u093e: <\/strong>\u092a\u093e\u0930\u0902\u092a\u0930\u093f\u0915 <strong>\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (PMS)<\/strong> \u092e\u0947\u0902 \u091c\u0939\u093e\u0901 \u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0915 \u0938\u0940\u0927\u0947 <strong>\u0936\u0947\u092f\u0930, \u090b\u0923-\u092a\u0924\u094d\u0930\u094b\u0902 \u090f\u0935\u0902 \u0905\u0928\u094d\u092f \u092a\u094d\u0930\u0924\u093f\u092d\u0942\u0924\u093f\u092f\u094b\u0902<\/strong> \u092e\u0947\u0902 \u0928\u093f\u0935\u0947\u0936 \u0915\u0930\u0924\u0947 \u0939\u0948\u0902, \u0935\u0939\u0940\u0902 \u092a\u094d\u0930\u0938\u094d\u0924\u093e\u0935\u093f\u0924 <strong>\u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0906\u0927\u093e\u0930\u093f\u0924 \u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (MF-PMS)<\/strong> \u0915\u0947 \u0905\u0902\u0924\u0930\u094d\u0917\u0924 \u0928\u093f\u0935\u0947\u0936 \u0915\u0947\u0935\u0932 <strong>\u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u092f\u094b\u091c\u0928\u093e\u0913\u0902 \u0915\u0940 \u092a\u094d\u0930\u0924\u094d\u092f\u0915\u094d\u0937 \u092f\u094b\u091c\u0928\u093e\u0913\u0902<\/strong>, <strong>\u090f\u0915\u094d\u0938\u091a\u0947\u0902\u091c \u091f\u094d\u0930\u0947\u0921\u0947\u0921 \u092b\u0902\u0921 (ETF)<\/strong> \u0924\u0925\u093e <strong>\u0935\u093f\u0936\u093f\u0937\u094d\u091f \u0928\u093f\u0935\u0947\u0936 \u0928\u093f\u0927\u093f\u092f\u094b\u0902 (SIF)<\/strong> \u0924\u0915 \u0938\u0940\u092e\u093f\u0924 \u0930\u0939\u0947\u0917\u093e\u0964<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>\u092a\u094d\u0930\u0938\u094d\u0924\u093e\u0935\u093f\u0924 \u0938\u0941\u0927\u093e\u0930\u094b\u0902 \u0915\u093e \u092e\u0939\u0924\u094d\u0924\u094d\u0935<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u0928\u093f\u0935\u0947\u0936 \u0915\u0947 \u0905\u0935\u0938\u0930\u094b\u0902 \u0915\u093e \u0935\u093f\u0938\u094d\u0924\u093e\u0930: <\/strong>\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0915\u094b\u0902 \u0915\u094b <strong>\u0918\u0930\u0947\u0932\u0942 \u090f\u0935\u0902 \u0905\u0902\u0924\u0930\u0930\u093e\u0937\u094d\u091f\u094d\u0930\u0940\u092f \u092a\u0930\u093f\u0938\u0902\u092a\u0924\u094d\u0924\u093f\u092f\u094b\u0902<\/strong> \u0915\u0940 \u0935\u094d\u092f\u093e\u092a\u0915 \u0936\u094d\u0930\u0947\u0923\u0940 \u092e\u0947\u0902 \u0928\u093f\u0935\u0947\u0936 \u0915\u093e \u0905\u0935\u0938\u0930 \u092a\u094d\u0930\u093e\u092a\u094d\u0924 \u0939\u094b\u0917\u093e\u0964<\/li>\n\n\n\n<li><strong>\u0915\u093e\u0930\u094b\u092c\u093e\u0930 \u0938\u0941\u0917\u092e\u0924\u093e \u0915\u094b \u092c\u0922\u093c\u093e\u0935\u093e: <\/strong>\u0905\u0928\u0941\u092a\u093e\u0932\u0928 \u0938\u0902\u092c\u0902\u0927\u0940 \u0906\u0935\u0936\u094d\u092f\u0915\u0924\u093e\u0913\u0902 \u0915\u094b \u0938\u0930\u0932 \u092c\u0928\u093e\u0915\u0930 \u0924\u0925\u093e \u092a\u0930\u093f\u091a\u093e\u0932\u0928 \u0938\u0902\u092c\u0902\u0927\u0940 \u092c\u093e\u0927\u093e\u0913\u0902 \u0915\u094b \u0915\u092e \u0915\u0930 <strong>\u0935\u094d\u092f\u0935\u0938\u093e\u092f \u0938\u0941\u0917\u092e\u0924\u093e<\/strong> \u0915\u094b \u092a\u094d\u0930\u094b\u0924\u094d\u0938\u093e\u0939\u0928 \u092e\u093f\u0932\u0947\u0917\u093e\u0964<\/li>\n\n\n\n<li><strong>\u0935\u093f\u0924\u094d\u0924\u0940\u092f \u0928\u0935\u093e\u091a\u093e\u0930 \u0915\u094b \u092a\u094d\u0930\u094b\u0924\u094d\u0938\u093e\u0939\u0928: <\/strong><strong>\u092e\u094d\u092f\u0942\u091a\u0941\u0905\u0932 \u092b\u0902\u0921 \u0906\u0927\u093e\u0930\u093f\u0924 \u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (MF-PMS)<\/strong> \u0924\u0925\u093e <strong>\u0938\u094d\u0935\u0924\u0902\u0924\u094d\u0930 \u0928\u093f\u0927\u093f \u092a\u094d\u0930\u092c\u0902\u0927\u0915 \u092e\u0902\u091a<\/strong> \u091c\u0948\u0938\u0940 \u0928\u0908 \u0928\u093f\u0935\u0947\u0936 \u0938\u0902\u0930\u091a\u0928\u093e\u0913\u0902 \u0915\u094b \u092c\u0922\u093c\u093e\u0935\u093e \u092e\u093f\u0932\u0947\u0917\u093e\u0964<\/li>\n\n\n\n<li><strong>\u0935\u0948\u0936\u094d\u0935\u093f\u0915 \u0938\u0930\u094d\u0935\u094b\u0924\u094d\u0924\u092e \u092a\u094d\u0930\u0925\u093e\u0913\u0902 \u0915\u0947 \u0905\u0928\u0941\u0930\u0942\u092a \u0928\u093f\u092f\u093e\u092e\u0915 \u0922\u093e\u0901\u091a\u093e: <\/strong>\u092a\u094d\u0930\u0938\u094d\u0924\u093e\u0935\u093f\u0924 \u0938\u0941\u0927\u093e\u0930\u094b\u0902 \u0938\u0947 <strong>\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (PMS)<\/strong> \u0915\u093e \u0928\u093f\u092f\u093e\u092e\u0915 \u0922\u093e\u0901\u091a\u093e \u0905\u0902\u0924\u0930\u0930\u093e\u0937\u094d\u091f\u094d\u0930\u0940\u092f \u0928\u093f\u0935\u0947\u0936 \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0915\u0947 \u0935\u093f\u0915\u0938\u093f\u0924 \u0939\u094b\u0924\u0947 \u092e\u093e\u0928\u0915\u094b\u0902 \u0915\u0947 \u0905\u0928\u0941\u0930\u0942\u092a \u0905\u0927\u093f\u0915 \u0906\u0927\u0941\u0928\u093f\u0915 \u090f\u0935\u0902 \u092a\u094d\u0930\u092d\u093e\u0935\u0940 \u092c\u0928\u0947\u0917\u093e\u0964<\/li>\n<\/ul>\n\n\n\n<p><strong>\u0938\u094d\u0930\u094b\u0924: <\/strong><a href=\"https:\/\/indianexpress.com\/article\/explained\/explained-economics\/sebi-pms-rules-overhaul-explained-10801795\/\" rel=\"nofollow noopener\" target=\"_blank\"><strong>IE<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p><strong><br \/>\n\u0938\u0928\u094d\u0926\u0930\u094d\u092d<\/p>\n<p><\/strong><\/p>\n<li class=\"ms-5\">\n\u092d\u093e\u0930\u0924\u0940\u092f \u092a\u094d\u0930\u0924\u093f\u092d\u0942\u0924\u093f \u090f\u0935\u0902 \u0935\u093f\u0928\u093f\u092e\u092f \u092c\u094b\u0930\u094d\u0921 (SEBI) \u0928\u0947 \u0938\u0947\u092c\u0940 (\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0915) \u0935\u093f\u0928\u093f\u092f\u092e, 2020 \u0915\u0940 \u0935\u094d\u092f\u093e\u092a\u0915 \u0938\u092e\u0940\u0915\u094d\u0937\u093e \u0915\u093e \u092a\u094d\u0930\u0938\u094d\u0924\u093e\u0935 \u0915\u093f\u092f\u093e \u0939\u0948, \u091c\u093f\u0938\u0915\u093e \u0909\u0926\u094d\u0926\u0947\u0936\u094d\u092f \u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (PMS) \u0915\u0947 \u0928\u093f\u092f\u093e\u092e\u0915 \u0922\u093e\u0901\u091a\u0947 \u0915\u093e \u0906\u0927\u0941\u0928\u093f\u0915\u0940\u0915\u0930\u0923 \u0915\u0930\u0928\u093e \u0939\u0948\u0964<\/p>\n<\/li>\n<p><\/p>\n<p><strong><\/p>\n<p>\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (PMS) \u0915\u094d\u092f\u093e \u0939\u0948?<\/p>\n<p><\/strong><\/p>\n<li class=\"ms-5\"\t>\n<p>\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0938\u0947\u0935\u093e (PMS) \u0915\u093e \u092a\u0902\u091c\u0940\u0915\u0930\u0923 \u0938\u0947\u092c\u0940 (\u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u092a\u094d\u0930\u092c\u0902\u0927\u0915) \u0935\u093f\u0928\u093f\u092f\u092e, 2020 \u0915\u0947 \u0905\u0902\u0924\u0930\u094d\u0917\u0924 \u0915\u093f\u092f\u093e \u091c\u093e\u0924\u093e \u0939\u0948\u0964<\/p>\n<\/li>\n<li class=\"ms-5\">\n<p>\u092f\u0939 \u090f\u0915 \u0935\u094d\u092f\u093e\u0935\u0938\u093e\u092f\u093f\u0915 \u0928\u093f\u0935\u0947\u0936 \u0938\u0947\u0935\u093e \u0939\u0948, \u091c\u093f\u0938\u092e\u0947\u0902 \u090f\u0915 \u092f\u094b\u0917\u094d\u092f \u0928\u093f\u0927\u093f \u092a\u094d\u0930\u092c\u0902\u0927\u0915 \u0909\u091a\u094d\u091a \u0928\u093f\u0935\u0932 \u092e\u0942\u0932\u094d\u092f \u0935\u093e\u0932\u0947 \u0935\u094d\u092f\u0915\u094d\u0924\u093f (HNI) \u0915\u0947 \u0907\u0915\u094d\u0935\u093f\u091f\u0940, \u090b\u0923-\u092a\u0924\u094d\u0930\u094b\u0902 \u0924\u0925\u093e \u0905\u0928\u094d\u092f \u092a\u094d\u0930\u0924\u093f\u092d\u0942\u0924\u093f\u092f\u094b\u0902 \u0915\u0947 \u0928\u093f\u0935\u0947\u0936 \u092a\u094b\u0930\u094d\u091f\u092b\u094b\u0932\u093f\u092f\u094b \u0915\u093e \u092a\u094d\u0930\u092c\u0902\u0927\u0928 \u0915\u0930\u0924\u093e \u0939\u0948\u0964<\/p>\n<\/li>\n<p><a href=\" https:\/\/www.nextias.com\/ca\/current-affairs-hindi\/25-07-2026\/sebi-pms-reforms-hindi \" class=\"btn btn-primary btn-sm float-end\">Read More<\/a><\/p>\n","protected":false},"author":15,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1861],"tags":[],"class_list":["post-80132","post","type-post","status-publish","format-standard","hentry","category-current-affairs-hindi"],"acf":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/80132","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/users\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/comments?post=80132"}],"version-history":[{"count":2,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/80132\/revisions"}],"predecessor-version":[{"id":80134,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/posts\/80132\/revisions\/80134"}],"wp:attachment":[{"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/media?parent=80132"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/categories?post=80132"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.nextias.com\/ca\/wp-json\/wp\/v2\/tags?post=80132"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}