Market regulator Sebi has asked mutual fund (MF) houses to provide monthly data on debt and equity assets, starting 2007. The regulator has sought information on fund houses’ monthly borrowings towards meeting redemption requirements, along with the cost of borrowing. Sebi has also sought half-yearly net worth figures from all the fund houses.While Sebi hasn’t officially spelt out the reasons for the data request, fund officials believe the regulator may want to assess the health of the fund houses before issuing the notification on net-worth requirement, due any time soon. A few weeks ago, Amfi was believed to have informally met Sebi to discuss the net-worth requirement pertaining to fund houses.

Source - http://www.financialexpress.com