Have they changed the name of your favourite mutual fund scheme? Here’s what you should do

Mutual funds are busy changing the names of their schemes. Securities Exchange Board of India’s (Sebi) directive  on the rationalisation and categorisation of mutual fund schemes has made mutual funds to drop the fancy names and fall in line. The idea is to simplify the process of understanding the mutual fund offerings and choosing schemes for investments by investors. But as the names change, there are some investors who may start worrying about their investments. If the investment you have invested into has disappeared or renamed do not get worked up. Do read on to understand how it impacts you.

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