Regulation: Not for mutual benefit

SEBI’s short shrift to investors and distributors

The recent moves of the Securities Exchange Board of India (SEBI) have left a sour taste in the mouth of mutual fund distributors and investors. Hopes were pinned on the resumption of some sort of entry-load, plus some more incentives for distributors, in the quest to expand the market of the mutual fund industry. And, within the industry, the...
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