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    • News From Press SEBI, think right to push MF innovation

    SEBI, think right to push MF innovation

    Source: ET Sep 12, 2022

    A Securities and Exchange Board of India (Sebi)-appointed expert panel has reportedly favoured allowing private equity (PE) funds to own local asset management companies (AMC). This is an overdue reform to boost competition, aid consolidation through mergers and acquisitions, and help fresh flow of capital into the mutual fund (MF) industry with assets under management of about ₹38 lakh crore. 

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