News From Press SEBI considers a new ‘high-risk’ category of mutual funds, seeks suggestion from AMFI

SEBI considers a new ‘high-risk’ category of mutual funds, seeks suggestion from AMFI

Source: CNBCTV18 Oct 27, 2023

Securities market regulator, Securities and Exchange Board of India (Sebi), is in the process of formulating a new high-risk mutual fund category. Sebi has written to the Association of Mutual Funds in India (AMFI), seeking comments and recommendations from asset management companies on the new mutual fund category. The proposed category will cater to investors with a high-risk appetite.

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