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  • MF News Flipkart, other e-comm platforms may soon sell mutual funds

    Flipkart, other e-comm platforms may soon sell mutual funds

    Source : DNA Oct 27, 2015

    As an ever-growing number of consumers flock to e-commerce websites for their shopping needs, regulator Sebi is considering allowing the sale of mutual funds through these platforms to deepen this market.

    The mutual fund industry has been growing considerably over the last few years and currently has assets under management of over Rs 13 lakh crore, but it has been felt that a huge growth opportunity remains untapped especially among the retail investors.

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