Improve Fund Regulation

SEBI is re-looking at fund regulations. Here are some changes that would benefit investors

The mutual fund industry is now pausing for breath. Unfortunately, after a runaway growth in equity assets over the past two years, the focus has now shifted to ephemeral products like ‘Fixed Maturity Plans’ (FMP), in the rat race to garner ‘Assets Under Management’ (AUM). Today, virtually one new FMP...

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