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  • News From Press PE players may help broaden MF base

    PE players may help broaden MF base

    Source: Financial Express Jan 17, 2023

     

    Allowing private equity players to become sponsors of mutual funds may help democratise the industry further and bring in more players, spurring innovation and growth.

    On Friday, Sebi floated a consultation paper on review of regulatory framework for sponsors of mutual funds. The working group that has drafted the paper noted that PEs with significant capital can invest in technology, bring in strategic guidance and good talent to fuel growth and innovation and expand the presence of MFs in the country.

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