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  • News From Press Sebi's guidelines on mutual funds to reduce clutter: Experts

    Sebi's guidelines on mutual funds to reduce clutter: Experts

    Source:ET/PTI Oct 14, 2017

    Sebi's recent guidelines on consolidation and merger of mutual fund schemes will make it simple for the investors to compare various mutual fund schemes being offered by the fund houses, the experts said.

    Moreover, it will reduce the clutter and make it simple to compare performance amid a level-playing field, they added.

    In a bid to reduce the number of schemes in mutual funds , Sebi recently came out with uniform definitions for fund categories. Sebi's move will be applicable only on open-ended funds being offered by the fund houses.

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