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News From Press Group co investments: ‘MFs must avoid conflict of interest

Group co investments: ‘MFs must avoid conflict of interest

Source: The HinduBusiness Line Aug 9, 2018

Inflows into mutual funds have remained strong despite the recent controversies over their functioning, thanks to the Association of Mutual Funds in India for its successful ‘ Sahi Hai ’ campaign. According to SEBI norms, fund houses have to transfer one basis point of their quarterly assets under management to AMFI for investor education. In an interview with BusinessLine , NS Venkatesh, CEO, AMFI, shares his views: Excerpts:

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