The Securities and Exchange Board of India (SEBI) has invited managing directors, chief executive officers (CEO) of all fund houses and the association of mutual funds of India (AMFI) to discuss various issues of the mutual funds industry on April 25 in Mumbai. The communication was made via e-mail.
“Chairman, SEBI desires to have discussions with the managing directors/CEOs of various mutual fund and AMFI in order to have inputs which may contribute towards developing the vision/policy agenda for the mutual fund industry,” reads the SEBI e-mail.
Ajay Tyagi, Chairman, SEBI, will preside over the meeting. The meeting will focus on larger policy issues for the development of the industry, increasing penetration, the current market situation, market expectations and try to gain an understanding of perceived emerging risks, SEBI said.
In addition, SEBI has asked mutual fund (MF) honchos to indicate through e-mail the issues that may be deliberated on a priority basis in the meeting.
