Names of some equity and debt mutual fund schemes will change as fund houses align them to comply with the directives of the Securities and Exchange Board of India (SEBI). This would make schemes simpler to understand, and would ease the decision making process for investors.
1. Why are fund houses started recategorisation of their mutual fund schemes? What does the Sebi mandate say?
As per the Sebi mandate, a fund house can offer 10 types of equity funds, 16 c ..
