Pool of accounts in detail

What is usage of pool account? why sebi discontinuing?
Replies (2)
Quick Summary
This discussion delves into the concept of pooled accounts, explaining their usage in financial contexts such as loan portfolios and simplifying accounting for immature professionals. It also touches upon the difficulties in revaluing pooled assets and explores the potential reasons behind SEBI's decision to discontinue their use, particularly in relation to mutual fund transactions.

Pooling as you know making a bunch of things. Eg., if bank pools all 3 years loans and if 90% of it is bad debts, then they may write off the whole pool.

Next, immature professionals can use it and put all instruments into a pool to ease accounting. Revaluation of these pooled assets is difficult. I don’t know sebi motives. I’ll check out later this on.

It’s about mutual funds it seems and only for transactions. Hard to tell because one has to know the transaction process. 

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