Securities Exchange Board of India (Sebi), has recently announced a slew of measures for mutual funds industry. The market regulator has modified certain mutual funds rules to make them more transparent and investor friendly. Sebi also issued norms to make debt funds safer after the whole episode of Franklin Templeton debt scheme uncovered. Mutual funds have been provided sufficient time to comply with the new rules. Here are some of the changes in mutual funds that will be applicable from January 2021.
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