Mutual fund distribution: Too little for too many

The SEBI chief wants to keep the no-load system in place. But it offers too little incentive for many small fund distributors and small investors

The Indian mutual fund industry got caught in growing regulatory pressures, even before it grew up. The result is stagnation; the industry has not even pierced tier-2 cities. SEBI (the Securities and Exchange Board of India) chairman UK Sinha has...

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