Mutual fund experts fear that the implementation of Sebi’s re-categorisation of mutual fund schemes may lead to a lot of unnecessary churning of portfolios by investors.
“Investors will go for re-shuffling their portfolios a lot as more fund houses announce re-categorisation of their existing schemes,” says Sridevi Ganesh, CFP, Chamomile Investment.
As of now, only two mutual fund houses -- DSP BlackRock and Motilal Oswal Mutual Fund -- have announced changes in a ..