SEBI proposes revamp of 29-year-old mutual fund rules; feedback open till November 17

SEBI proposes revamp of 29-year-old mutual fund rules; feedback open till November 17

The Securities and Exchange Board of India (SEBI) on Tuesday, October 28 issued a detailed consultation paper proposing a complete rethink of mutual fund regulations — the first such exercise in nearly three decades. SEBI said the overhaul aims to make mutual funds easier to understand and more transparent for investors, and has invited public…

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